How Ray Dalio Built His Hedge Fund

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Billionaire Ray Dalio is the founder of Bridgewater Associates, the largest hedge fund in the world with over $150 billion in assets under management. He became interested in stocks and finance at a very young age after getting stock tips from golfers who he caddied for, according to an interview with CNBC.

Shortly after starting Bridgewater, a bad bet in the markets almost shut down his fund but his resilience and drive got him back on his feet and taught him valuable lessons about handling failure.

Dalio maintains his open-minded approach to investing and focuses on innovation and forward-thinking companies including assets like Bitcoin as part of his wealth-building strategy.

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