Ray Dalio Quotes


I have found that by looking at what is rewarded and punished, and why, universally - i.e., in nature as well as in humanity - I have been able to learn more about what is "good" and "bad" than by listening to most people's views about good and bad.


Citations

Dalio, Ray. Principles: Life and Work. Simon & Schuster, 2017.

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He was describing hackers. The term originally was used in the comptuer world to refer to a perso who had the tallent and the knowhow to enter anbd utilize computers when the did not have the specific permissions to do so. Many computer security experts refer to themjselves as hackes because they show computer managers where their vulnerabilities are. Others work for law enforcement, and some work for expionage agencies, Others are theives who use theior abilties to steal or commit fraud. Still other hackers see hacking as a sport and break into computers for the challange.


Ray Dalio
Ray Dalio
  • Born: August 8, 1949
  • Nationality: American
  • Profession: Hedge Fund Manager

Raymond Thomas Dalio is an American billionaire businessman, hedge fund manager, philanthropist, and author who has served as co-chief investment officer of the world's largest hedge fund, Bridgewater Associates, since 1985. He founded Bridgewater in 1971 in New York. Within ten years, it was infused with a $5 million investment from the World Bank's retirement fund. Dalio is regarded as one of the greatest innovators in the finance world, having popularized many commonly used practices, such as risk parity, currency overlay, portable alpha and global inflation-indexed bond management.