A Powerful insight into his Principles of Life, Work, and Investing Ray Dalio is widely recognized as one of the most successful managers of hedge funds. The things he says have weight, and the things he does inspire imitation. Although his ideas have been criticized by some, they have also inspired new ways of thinking about business and investing. Dalio is well-known for being the founder of Bridgewater Associates, which he did in 1975 from the comfort of his own home. After losing all of his money in an investment in 1982, with a touch of resignation, yet cognizant that his own hubris and conceit had brought him to this predicament, he approached his father to request a loan of $4,000 with the intention of investing it and recuperating his losses. Since that time, the native of Queens, New York has amassed a net worth of about $17 billion while simultaneously expanding Bridgewater into the most successful hedge fund in the world. Dalio has a long history in the business world, and throughout that time, he has consistently outperformed his contemporaries.The American billionaire investor, hedge fund manager, and philanthropist has provided valuable perspectives on his views of life, work, and investing, as a result, he has been able to provide investors with returns that are the envy of the sector. This is the story of the remarkable man who established the standard for a whole industry.