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...
"The economy works like a simple machine. Transactions are the building blocks. Credit drives cycles. Productivity growth drives the long-term trend."
The economy follows mechanical, understandable principles.
Read Full Analysis →"Have clear goals, identify problems, diagnose root causes, design solutions, and push through to completion. This five-step process works for any decision."
A systematic five-step process improves all decisions.
Read Full Analysis →"Radical truth and radical transparency are fundamental. If you agree that a real idea meritocracy is what you want, then you must be willing to be transparently honest."
Radical transparency enables better collective decision-making.
Read Full Analysis →Ray Dalio has 3 key principles on mental models. The most important one is "Economic Machine Model" — The economy works like a simple machine.
Ray Dalio applies mental models through several key principles including "Economic Machine Model" and "Five-Step Decision Process". These principles guide practical investment decisions and have been tested across decades of market cycles.
Ray Dalio's approach to mental models 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.
