Ray Dalio

Ray Dalio

Last Update: 2014-08-12

Number of Stocks: 303
Number of New Stocks: 65

Total Value: $13,344 Mil
Q/Q Turnover: 7%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Ray Dalio' s Profile & Performance

Profile

Ray Dalio founded Greenwich, CT based hedge fund Bridgewater Associates in 1975. Now it has more than $165 billion under management. The firm claims 13% annual returns after fees. The success of the hedge fund made Ray Dalio 84th richest person in the world, according to Forbes. Ray Dalio is the son of a jazz musician. Studied fiance at Long Island U., went to work for Merrill Lynch in 1972. Harvard MBA in 1973. Ray Dalio bought his first stock the age of 12.

Web Page:http://www.bwater.com/default.aspx

Investing Philosophy

These are some of Ray Dalio's life principles:
1. working for what I wanted, not for what others wanted me to do;
2. coming up with the best independent opinions I could muster to move toward my goals;
3. stress-testing my opinions by having the smartest people I could find challenge them so I could find out where I was wrong;
4. being wary about overconfidence, and good at not knowing; and
5. wrestling with reality, experiencing the results of my decisions, and reflecting on what I did to produce them so that I could improve. I believe that by following this approach I moved faster to my goals by learning a lot more than if I hadn't followed it. Read the complete file

Total Holding History

Top Ranked Articles

New Guru Ray Dalio of Bridgewater Associates, World’s Best-Performing Hedge Fund; Buys Index ETFs
Bridgewater & Associates, the world’s largest and best-performing hedge fund manager in 2010 and 2011, was founded by Ray Dalio, who bases his investments on readings of the macro environment, as well as principles of his own devising. His firm manages $125 billion in global investments and his flagship hedge fund, Pure Alpha, has averaged an annual return of 15% before fees over the last 18 years. Read more...
Ray Dalio Letter: A Template for Understanding How the Economic Machine Works and How It Is Reflected Now
Ray Dalio is the founder of the world's largest and best-performing hedge fund in 2011, Bridgewater Associates. The letter was created October 31, 2008 and updated March, 2012: Read more...
Ray Dalio, Bridgewater Associates Speech and Principles
I have a confession to make. I ardently admire Ray Dalio (in a professional manner of worship), regardless of the furor over his principles, or the world’s biggest hedge fund reign*. Full disclosure: I have yet to finish reading his principles. And yes, Ray ranks among the top of my long list of hedge fund managers/traders that I put on a pedestal. See “Reminiscences of a Stock Operator” cheat sheet. Part 1 for another one. Read more...
Ray Dalio Bets on Telecom and Miner in Top First-Quarter Picks
Ray Dalio’s Bridgewater Associates, the world’s largest and best-performing hedge fund and a macro firm, added 71 new stocks to its portfolio in the first quarter of 2012. The largest of the firm’s new buys are: Verizon Communications (VZ), Qualcomm Inc. (QCOM), AT&T (T), Royal Bank Canada (RY) and Newmont Mining (NEM). Read more...
Ray Dalio of 2011’s Best-Performing Hedge Fund Raises Stakes in Emerging Markets ETFs, BMC, WPI and BRK.B
Ray Dalio’s $120 billion Bridgewater Associates in 2010 and 2011 was ranked the world’s largest and best-performing hedge fund, with a 23 percent return in 2011 when the average fund lost 5 percent. Dalio fosters a unique culture of transparency and pursuit of excellence at Bridgewater based on his self-penned “Principles.” They employ a global macro strategy to invest. In Dalio’s words in an October 2011 Charlie Rose interview, “We assess what the world economy is like and what — how asset classes will change and we are managing money for pension funds and endowments like you described; the Pennsylvania teachers, those types of pension funds. We’re trying to keep them safe.” Read more...
» More Ray Dalio Articles

Commentaries and Stories

  • Currently 5.00/5

Rating: 5.0/5 (2 votes)

Ray Dalio's Top 5 New Second Quarter Stocks Ray Dalio - Ray Dalio's Top 5 New Second Quarter Stocks
Ray Dalio (Trades, Portfolio) is founder of Bridgewater Associates, the largest hedge fund in the world with $150 billion in assets. His All Weather Fund returned 11.2% this year through July, according to Forbes, compared to the S&P’s 6% gain. This is a turn for the better, as the fund declined 4% in 2013 while the S&P rose by about 30%. More...

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5-year lows: FirstEnergy Corp, Staples Inc, Avon Products Inc, and American Eagle Outfitters
According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: FirstEnergy Corp, Staples Inc, Avon Products Inc, and American Eagle Outfitters More...

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Guru Stocks at 52-Week Lows: VOD, VALE, DB, TGT, WFM
According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows. More...

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Guru Stocks at 52-Week Lows: GOOG, C, HMC, SMFG, STT
According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows. More...

  • Currently 5.00/5

Rating: 5.0/5 (1 vote)

Ray Dalio Explores This Stock That Produces Rewards
With oil prices reaching a plateau, the oil and gas industry found some much-needed breath. Whether the trend is to turn upward or resume the downtrend is hard to predict. So far, oil prices have been on a downtrend since early 2011, and today stand very close to the $100 line. Although the oil and industry is hit in its totality, some sectors are more exposed than others. For example, midstream companies are less exposed than those involved in exploration and production. At least, that is what intuition tells but the market always offers some exceptions to the rule. Let us look at Marathon Oil (MRO), and try to find out why Ray Dalio (Trades, Portfolio) continues to buy the stock. More...

ENERGY, OIL, GAS, EXPLORER, PRODUCER


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Weekly Guru Bargains Highlights: VOD, CEO
According to GuruFocus updates, these stocks have declined the most since Gurus have bought. More...

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Will Altria Be Able to Offset Declines in Tobacco Sales?
Cigarette consumption has been declining at a 4% rate in the U.S. market, with recent health regulations, litigation towards tobacco companies and increased medical awareness exacerbating this trend even more. With the Food and Drug Administration now in charge of regulating tobacco consumerism and imposing taxation, which has seen 113 increases since the year 2000, industry players are struggling to maintain their earnings growth. More...

TABACCO,CIGARETTES,MARLBORO,PHILLIP MORRIS USA,SMOKELESS TABACCO COMPANY,JOHN MIDDLETON,MARKTEN ECIGS,COPENHAGEN,SKOAL,ELECTRONIC CIGARETTES


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Weekly Guru Bargains Highlights: VOD, PBR, CEO, CHL
According to GuruFocus updates, these stocks have declined the most since Gurus have bought. More...

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Weekly Guru Bargains Highlights: PBR, CEO, VOD, LBTYA
According to GuruFocus updates, these stocks have declined the most since Gurus have bought. More...

  • Currently 5.00/5

Rating: 5.0/5 (4 votes)

Ray Dalio's Latest Pick Will Generate Lots of Dollars in Income Every Year
Ray Dalio (Trades, Portfolio) is the founder and Chief Investment Officer of the investment firm Bridgewater Associates. The success of the hedge fund made Ray Dalio (Trades, Portfolio) 84th richest person in the world, according to Forbes. On Dec. 31, he bought PepsiCo Inc. (PEP), and holds 293 stocks in total, in a portfolio valued at $12.5 billion. More...

LONG, FUNDS, BEVERAGES, SOFT, DALIO


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Weekly Guru Bargains Highlights: PBR
According to GuruFocus updates, these stocks have declined the most since Gurus have bought them. More...

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Weekly Guru Bargains Highlights: PBR
According to GuruFocus updates, these stocks have declined the most since Gurus have bought. More...

  • Currently 4.43/5

Rating: 4.4/5 (7 votes)

Ray Dalio Is Investing in International Equities Focusing on Mid and Large Cap Companies
On Dec. 31, Ray Dalio (Trades, Portfolio), the founder and Chief Investment Officer of the investment firm Bridgewater Associates, added iSharesMSCI Emerging Markets (EEM) at an average price of $41.87, and is currently holding 77.422.430 shares of the ETF. More...

LONG, ETF, ISHARES


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Rating: 3.0/5 (2 votes)

Ray Dalio Explains the Economic Machine to Charlie Rose
Ray Dalio (Trades, Portfolio) is the founder of the world's largest hedge fund. More...

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Rating: 1.0/5 (1 vote)

5-Year Lows: Vale SA, Wal-Mart de Mexico SAB. de CV, Cenovus Energy Inc. and Transocean Ltd.
According to GuruFocus list of five-year lows, these Guru stocks have reached their five-year lows: Vale SA, Wal-Mart de Mexico SAB de CV, Cenovus Energy Inc. and Transocean Ltd. More...

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Rating: 1.0/5 (2 votes)

Ray Dalio at Davos to CNBC - How the Economy Works
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Consumer Goods Companies - Valuations & Opportunities
What should Consumer Goods Companies (CGCs) be worth? According to the last deals on the street, CGCs with high shares of their respective markets are worth much more than what they used to. Just a few days ago, Anheuser Busch InBev (BUD) - which is held by Wallace Weitz (Trades, Portfolio) - just paid three times the money it had gotten in 2009 when it initially sold Oriental Brewery to Kohlberg Kravis Roberts & Co. (KKR). Another (this time very) pricy CGC deal was also executed a few days ago: Suntory Holdings paid $16 billion, or almost 21 times EBITDA, for spirits maker Beam (BEAM) – which is held by Ray Dalio (Trades, Portfolio). More...

LONG, CONSUMER GOODS


  • Currently 3.40/5

Rating: 3.4/5 (5 votes)

Corning: A Promising Investment in the Display Technology Sector?
Among electronic components distributors and manufacturers, Corning Inc. (GLW) stands out for having placed a huge bet on liquid crystal display (LCD) production. Although the firm has made an effort to diversify its production over recent years, its net income is still concentrated on their display technology segment (97% in 2010, almost 90% in 2011 and 82.28% on 2012, according to annual reports). More...

DISPLAY,LCD,PLASMA,TELEVISION,MONITOR,COMPUTER,


  • Currently 3.67/5

Rating: 3.7/5 (9 votes)

Why DreamWorks Animation Still Has Room for Growth
The animated film industry is a market segment that has blossomed over the past 20 years, and DreamWorks Animation SKG Inc. (DWA) has been at the head of this evolution. The family entertainment company specializes in creating animated feature films, television series and related consumer products for a global audience. With a total of 25 released animated films, this firm has established itself as a dominant industry leader with a broad and supportive fan base. However, looking forward, the company will have to diversify its revenue income in order to keep growing. More...

ANIMATED FILMS,MOVIES,FILM,ENTERTAINMENT,TELEVISION,SHRECK,MADAGASCAR,FUHU,JEFFREY KATZENBERG,NABI,DREAMTAB


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Rating: 1.0/5 (1 vote)

5-year lows: Penn West Petroleum Ltd, Science Applications International Corp, Buenaventura Mining Company Inc, and PG&E Corp
According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Penn West Petroleum Ltd, Science Applications International Corp, Buenaventura Mining Company Inc, and PG&E Corp More...

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