The Founder Hour’s Post

The world’s largest hedge fund started in a two-bedroom apartment. Ray Dalio founded Bridgewater Associates in 1975 and became one of the greatest investors of our time. Raised in a middle-class family in Long Island, New York, he wasn’t a big fan of school. At just 12 years old, he took his earnings from caddying at a local golf club and invested in the stock market. The first stock he bought tripled in value, and he was hooked! Today, #Bridgewater manages $125 billion in assets and stands as one of the most successful investment firms globally. Ray’s journey from a curious young investor to a self-made billionaire is guided by a unique set of principles he developed over the years. These principles are detailed in his The New York Times bestselling book, “Principles,” released in 2017. TIME Magazine even recognized Ray as one of the “100 Most Influential People in the World.” In this week's episode of The Founder Hour, I had the privilege of speaking with Ray about his upbringing, his relationship with money, the holy grail of #investing, meditation, balancing ambition and contentment, his outlook on #AI, the biggest issue the world faces today, what the next chapter of his life looks like, and so much more. 🔗 Link(s) to listen in the comments. #raydalio #principles #podcast #interview #business #entrepreneur #entrepreneurship #hedgefund #finance #thefounderhour

Yesterday, my latest Read The Bull podcast went live. I interviewed intrepid The New York Times reporter Rob Copeland about his first book "The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend." I've known Rob since he started reporting on hedge funds at the industry trade publication Absolute Return. After AR, Rob went on to the The Wall Street Journal where he continued to cover the hedge fund industry. I've followed with great interest his reporting over the years, and always with the hope that he'd never find anything of interest to write about my clients. Copeland started to focus more on Ray Dalio and Bridgewater Associates at the Journal. His fearless and thorough reporting was always insightful and revealing. The book encompasses a lot of the information from that reporting, but Copeland delivers a whole lot more than what appeared in those articles. The book presents a complete mosaic of Ray Dalio and Bridgewater Associates, which is at great odds with the carefully cultivated image of Dalio and the firm. As a communications professional, it's been endlessly fascinating to witness the painstaking efforts Bridgewater and its billionaire founder have gone to counter Copeland's reporting over the years. The personal attacks and legal wrangling over the book's publication were particularly eye opening. Interviewing Rob was a real thrill. We got to tape it in front of a lively audience at the lovely Troutbeck Inn. Thanks again to Sascha Lewis for making that happen. I hope you'll listen to the interview and read the book. Regardless of your knowledge about Dalio, Bridgewater and finance in general, you'll enjoy the the book. It's an endlessly fascinating story with something for everyone. Here's a clip from our discussion. Go to ReadTheBull.com or your preferred podcast platform for the full interview. #books #finance #investing #RayDalio #Bridgewater #podcast

#PendlerPod ‘The talents’ Ken Griffin the founder and CEO of Citadel, explores his groundbreaking success in the investment realm, uncovering the secrets behind his accomplishments and revealing the blueprint for future victories. The Chief Information Officer spearheads digital transformations, demonstrating adaptability and foresight. Talent acquisition is vital, prioritizing diverse experts and financial acumen. The vertical structure fosters entrepreneurship and specialized teams. Learning from mistakes, taking calculated risks, and nurturing talent are crucial for success. Citadel's dedication to talent growth highlights its future impact and strong business values. Listen to an inspiring episode of #InGoodCompany with Nicolai Tangen #futurefit

In conversation with Andrew He, co-founder of Nous Capital. We discuss the essence of value investing, the art and science of assessing personal integrity, tips for managing bias in decision-making, and how to build a hedge fund company and culture from scratch.

Angel investor is a good way to let you become millionaire 😁😁

Dive into a lively chat with Akash Neelakantan Salvady, Investment Manager at Ashton Gray Investments. He spills the beans on his passion for basketball and slyly drops hints about his all-time favorite player. Can you take a shot at guessing who that player might be? #lifeatashtongray #employeestories #ashtongrayinvestments

🎙 How to avoid the moral hazard in alternative investments... 🤔 🎙 This week, we talk to Daniel Zwirn of Arena Investors about an 'investor-first' approach to prosecuting a private market strategy. 🤠 🎙 We also discuss the cyclicality of private equity and investment opportunities from structural and regulatory arbitrage. 🚳 If you're a PE fund manager, you might not love everything Daniel has to say... all the more reason to listen. 💡 #privateequity #podcast #investment #hedgefund #ethics https://lnkd.in/e5dMxWA9

I’ve been angel investing for 10+ years on the side, and I am not very good at it. 4 minute video with some lessons learned on angel investing, for folks who have a regular job i.e. are not professional investors: https://lnkd.in/g62Nkd7w As with pretty much everything, being a good angel investor requires a lot of skill & work. Plus, you need to have the right personality for it and a certain type of profile to have access to the very best founders (which is pretty much the only thing that matters). My lessons learned doing it part-time: - Don’t do it for the return - Don’t do it for the prestige / ego People like to think they are not doing it for these reasons, but they are often fooling themselves — I certainly was. A young & “smart” mind abhors boring ways of getting good / great returns, and to such a mind angel investing feels very exciting. If you do it for the return, you must actively try to get really great at the art of angel investing to have a chance of outperforming QQQ & VOO. Otherwise, just treat it like a lottery ticket. (None of this is investment advice and there is no need for anyone to seek validation for their choices by agreeing or disagreeing — you do you)

It’s not just people that succeed and fail. It’s whole nations too. Ray Dalio, an American billionaire investor, philanthropist, and founder of Bridgewater Associates, one of the world’s most successful hedge funds, took on the challenge to analyse and understand the dynamics behind it. Dalio, who studied finance at Harvard, outlines principles derived from historical patterns and data analysis to help nations understand why they succeed or fail in adapting to the changing world order. The book brings a well-structured framework for understanding the dynamics of global power shifts and offers practical principles for nations to thrive in an increasingly complex and interconnected world. Very insightful read, especially in these fast and challenging times. #whatamireading #changingworldorder #success #failure

Today , i finished a great book by an ace investor, businessman, philanthropist and what not, Ray Dalio who is the founder of the worlds largest hedge fund company Bridgewater Associates . The books name is Principles, where he tells about his life struggles, huge or disastrous events, some even nearly led him to bankruptcy. But his will and interest in what he does always made him comeback and fight strategically. His views and perspective helped me know a lot. In this book he also shared work principles which tell us how to make an organization and a team to work efficiently and get things done without getting carried away in emotions and irrational decisions. How decisions need to be made, who needs to be listened, who should be accountable etc., a lot of issues which make an organization climb the ladder or finishes it before it even starts. From this book i came to know a lot of things about economy and its working, all baffled me. All his life and its depiction made me remember a great quote by Friedrich Nietzsche , “I know of no better life purpose than to perish in attempting the great and the impossible” Definitely one of the books i would recommend everyone . Further, I will share some great tips i learnt from that book, every now and then. Thanking all who read it and made by efforts count.