Ray Dalio, Founder of Bridgewater hedge fund, voted one of The TIMES top 100 most influential people in the world
We know Ray Dalio best as Founder of Bridgewater hedge fund, responsible for managing $120 billion in investor money and managing to defy the odds and generate above average returns for over a quarter-century. However this is not the primary reason The Times gave for placing him in their 100 Most Influential People in the World. He was one of the first to recognize the risks of the excessive indebtedness and leveraging of the U.S. and some European economies and has stood by his strong convictions about the workings of the economic machine.
“I have seen the respect Ray commands and the influence of the Bridgewater research. His strong support for Federal Reserve actions during the financial crisis, considered dangerous by some, is a case in point. His curious and active mind is reflected in the fact that, while he does have an oceangoing ship, his "yacht" is equipped for deep-sea exploration” says Paul Volcker, former Federal Reserve Chairman