Ray Dalio
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Current age: 73
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Age when started investing: 12
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Hometown: Queens, NY
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Investments: Ray purchased shares of Northeast Airlines for a total of $300 at age 12. His investments tripled in just three years.
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Investment performance: By the time he graduated high school, Ray had built up an investment portfolio of several thousand dollars.
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Today, Ray Dalio is a billionaire investor and hedge fund manager.
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The once-teenaged investor is now considered one of the greatest innovators in the finance world. He popularized practices like risk parity, currency overlay, portable alpha and global inflation-indexed bond management.
- Ray is the author of the best-selling book, Principles: Life & Work, an anthology on business management and investment philosophy.
“I learned that if you work hard and creatively, you can have just about anything you want, but not everything you want.”