Business Insider
Bridgewater Associates founder, chairman, and co-CIO Ray Dalio.
- Hedge fund legend Ray Dalio, who runs Bridgewater Associates, is the world's second richest hedge-fund manager.
- He says his investment philosophy is to bet against the consensus and make sure he is right.
- He also has a well-known principle to success - "Pain plus reflection equals progress."
- Keep reading to learn more about his insights into investing and his life principles.
Hedge fund legend Ray Dalio, who runs Bridgewater Associates, is widely considered to be one of the most successful hedge fund managers in the world.
Dalio has $18.4 billion in net worth, the second richest hedge-fund manager globally, just behind Jim Simons, a quant guru who founded Renaissance Technologies.
He says his investment philosophy is to bet against the consensus and make sure he is right.
And he says has a principle to success - "Pain plus reflection equals progress."
Keep reading to learn more about his insights into investing and his life principles.