What I Learned From Ray Dalio
Lessons from the world's greatest macro investor.
A version of this article was published in the December 2013 issue of Morningstar ETFInvestor. Download a complimentary copy here.
I try to learn from the best. Ray Dalio is one of them. He founded Bridgewater Associates, one of the biggest hedge funds in the world. Many retail investors have not heard of him, probably because his funds are open only to big institutions. It's a terrible mistake to limit yourself to listening only to the musings of mutual fund managers. Doing so means that you will ignore many of the best investors.