Ray Dalio Quotes


There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes.


Citations

Dalio, Ray. Principles: Life and Work. Simon & Schuster, 2017, p. 150.

Related Quotes

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.