Mid-City branch is closed for the remainder of today, 09/08/26 and 09/09/26, due to a facility issue. We apologize for the inconvenience.

NEWS

Ray Dalio


Ray Dalio

  • Current age: 73

  • Age when started investing: 12

  • Hometown: Queens, NY

  • Investments: Ray purchased shares of Northeast Airlines for a total of $300 at age 12. His investments tripled in just three years.

  • Investment performance: By the time he graduated high school, Ray had built up an investment portfolio of several thousand dollars.

  • Today, Ray Dalio is a billionaire investor and hedge fund manager. 

  • 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.”

Ray-Dalio

Want to learn more about Firemen's Federal?

Explore our history, meet the team, and see how we make an impact in our community.
Explore Our Story