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Showing posts with the label Ray Dalio

Why does one of the richest men in the world practice Transcendental meditation

Ray Dalio is the founder of Bridgewater Associates, the largest hedge fund in the world. His work in the investment arena has changed the landscape of the industry. He is so confident in his firm's ability to generate returns that he now gives life lessons and principles on how to manage a fund, investments, and life. He is so confident that no one can replicate his success that he has made the basic principles of his flagship fund public. Ray Dalio is now a sort of grandfatherly figure, considering he has been in the investment industry for over 30 years now. His advice, his comments, about macroeconomics (his forte), and various asset classes in a particular, matter. Basically, when he speaks, the press listens. Therefore it was quite peculiar when a few years ago he revealed that he has been practicing Transcendental Meditation for decades! When, Why, How? Apparently, Ray Dalio picked up this habit when Transcendental Meditation became quite the rage in the US a ...