The origin story of the world's largest hedge fund, starting from a two-bedroom apartment.
Location: Upper East Side
Ray Dalio started Bridgewater in 1974 from his apartment with nothing but a vision and a set of principles. What he built became the world's largest hedge fund. This is that origin story. #RayDalio #TheVenture
Ray Dalio founded Bridgewater Associates in 1974, starting from a two-bedroom apartment in New York City with virtually no capital. Over the following decades, he built it into the world's largest hedge fund, managing over $150 billion at its peak. This video from The Venture chronicles Dalio's origin story, the early decisions, the principles he developed, and the mindset that transformed a one-man operation into a global financial institution. Dalio is widely known for his book Principles, his concept of radical transparency, and his macroeconomic frameworks that have influenced investors worldwide. The Venture series profiles legendary founders and investors, tracing the pivotal moments that defined their careers. This episode offers a rare look at how one of the most influential figures in finance began his journey, and what drove him to keep building when the odds were against him.
Ray Dalio founded Bridgewater Associates in 1974, operating initially out of his apartment in New York City.
A combination of Dalio's macroeconomic principles, radical transparency culture, and innovative strategies like the All Weather portfolio drove Bridgewater's growth.
The Venture is a series that profiles legendary founders and investors, focusing on the origin stories and pivotal decisions that shaped their success.
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