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 $150 billion in assets under management at its peak. Dalio is known for developing the "All Weather" portfolio strategy, designed to perform well across all economic environments, and pioneering...
"Your two biggest barriers are your ego barrier and your blind spot barrier. The ego barrier is your subliminal need to be right and your inability to acknowledge weakness."
Ego prevents objective investment analysis.
Read Full Analysis →"Every time you make a mistake, you should be grateful because you have an opportunity to learn from it and improve."
Mistakes are valuable gifts when you learn from them
Read Full Analysis →"Be radically open-minded. Your ego and blind spots are barriers to seeing reality clearly."
Question your assumptions and consider opposing views sincerely
Read Full Analysis →Ray Dalio has 3 key principles on investment psychology. The most important one is "The Ego Barrier" — Your two biggest barriers are your ego barrier and your blind spot barrier.
Ray Dalio applies investment psychology through several key principles including "The Ego Barrier" and "Mistakes as Learning". These principles guide practical investment decisions and have been tested across decades of market cycles.
Ray Dalio's approach to investment psychology is distinguished by a focus on long-term thinking and fundamental analysis. With 3 specific principles in this area, Ray Dalio provides a comprehensive framework that investors at any level can study and apply to improve their decision-making.
