Ray Dalio Explains His "Principles"

Author:
Updated:
Original:

Yesterday we discussed Bridgewater Associates' "Principles," the meanderings of founder Ray Dalio, which serves as the hedge fund's unofficial handbook. While clients probably have no problem with it, not everyone counts themselves as fans of the Tao of Dal, which includes operating "like a hyena, attacking the wildebeest," "probing" ones colleagues and having their meetings taped all in an effort to get to the "truth." Today Ray got in touch with us to a) clear up some perceived misconceptions, re the T of D, b) respond to the characterizations of the of the firm made by a friend of BA and c) provide an up to date copy of "Principles" (yesterday's PDF was a draft from last fall), which you can use yourself, should you be interested in starting your own little B-water (they also make great stocking stuffers).

Dalio's Principles [BWater]

Related

Ray Dalio’s Principled Robots Will Rule The World

Dalio is getting into the Artificial Intelligence game. Obviously this is partly for the money to be made but also because robots just get him.

Getty Images

Ray Dalio Not Giving His Principles Away Anymore

The latest logical decision based on an expected value calculation out of Bridgewater Associates.

Ray Dalio’s No. 2 Is Trying To Impeach Him

Things are more than a little awkward at Bridgewater Associates right now.