Comparing 48 vs 54 investment principles across 16 common topics
Investment Style: Institutional Investing, Alternative Assets, Diversification, Long-term Orientation
David Frederick Swensen (January 26, 1954 – May 5, 2021) was an American investor and the chief investment officer at Yale University from 1985 until his death. He transformed Yale's endowment from $1...
Investment Style: Global Macro, Risk Parity, Systematic Trading, Diversification
Raymond Thomas Dalio (born August 8, 1949) is an American billionaire investor and hedge fund manager. He founded Bridgewater Associates in 1975, which became the world's largest hedge fund with over ...
Both David Swensen and Ray Dalio share principles on these topics.
| Topic | David Swensen | Ray Dalio |
|---|---|---|
| Selling & Review | 3 principles | 3 principles |
| Risk Management | 3 principles | 3 principles |
| Market Psychology | 3 principles | 3 principles |
| Thinking Methods | 3 principles | 6 principles |
| Stock Picking | 3 principles | 3 principles |
| Investment Philosophy | 3 principles | 3 principles |
| Margin of Safety | 3 principles | 3 principles |
| Investment Psychology | 3 principles | 3 principles |
| Long-Term Investing | 3 principles | 3 principles |
| Life Wisdom | 3 principles | 6 principles |
| Business Quality | 3 principles | 3 principles |
| Circle of Competence | 3 principles | 3 principles |
| Buying Principles | 3 principles | 3 principles |
| Value Assessment | 3 principles | 3 principles |
| Mental Models | 3 principles | 3 principles |
| Business Judgment | 3 principles | 3 principles |
David Swensen has 48 investment principles and Ray Dalio has 54. They share insights on 16 common topics, yet each brings unique perspectives and methodologies that complement each other.
David Swensen and Ray Dalio share principles across 16 investment topics. These common themes represent the most fundamental ideas in investing, approached from different but complementary angles.
Both masters offer invaluable wisdom. David Swensen with 48 principles and Ray Dalio with 54 principles cover complementary aspects of investing. Studying both provides a more complete investment framework.