فصل 6 بخش 6

CHAPTER 6.6

RAY DALIO: A MAN FOR ALL SEASONS

Founder and Co-Chief Investment Officer, Bridgewater Associates

Ray Dalio has been part of the DNA of this book from the moment I first sat down to interview him at his Connecticut home. Our initial meeting went on for nearly three hours of pitching and catching ideas about everything from the benefits of meditation (“It gives me equanimity,” said Ray) to the workings of the economy (“It’s a simple machine”). I already knew the astounding track record of his $160 billion hedge fund, Bridgewater Associates, the biggest in the world. I knew that Ray manages risk better than anyone else on the planet, and that he’s the go-to guy for world leaders and huge financial institutions when they need a safe harbor in the volatile marketplace. But I had no idea that when I asked him the same question that I asked every financial superstar in this book—What portfolio would you leave your children if you couldn’t leave them money?—that Ray’s answer would turn out to be the Holy Grail I was seeking when I first began this quest. What was it? Nothing less than an investment plan for individual investors like you to grow your nest egg, and one that would work in all seasons and without risking your life savings. Until now, only Ray Dalio’s clients had access to his magic formula for investing success in every season. His generosity in choosing this time and place for sharing it with the world leaves me astonished and grateful.

I don’t need to go into Ray’s background here. You’ve been on this journey with him from the first pages of this book, and if you’ve gotten this far, you’ve already read chapters 5.1 and 5.2, “Invincible, Unsinkable, Unconquerable: The All Seasons Strategy” and “It’s Time to Thrive: Storm-Proof Returns and Unrivaled Results,” which tell his story and lay out the basis for his entire portfolio. I was going to list it here, but it’s not as powerful without the context. If you jumped ahead, don’t cheat! Go back and read those chapters. They will blow your mind and change your life! If you’ve read them already, it’s time to implement. Ray Dalio is the master of All Seasons.