Ray Dalio

speaker

737 appearances 1 recordings 1 series first heard Jul 2026 last heard 17 Jul

Ray Dalio’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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My First Million · Ray Dalio: The principles that made me a billionaire · 17 Jul 2026 podcast

I liked markets.

I had a passion for markets.

I got into CW Post College, which is LIU, on probation.

I used to do odd jobs as a kid, mow lawns, shovel driveways, and then caddy.

And so I would caddy.

I would walk around.

I got $6 a bag.

When I would get up to $50 and I would talk to people about, the people I was caddying with, about the markets.

Because everybody talked about the markets then.

This was a time where if you got a haircut, your barber's talking about what stocks to buy.

So then, naturally, I took my caddying money and I put it in the markets.

And the first stock I bought was the only...

company I heard of that was selling for less than $5 a share.

And I stupidly believed that if I bought more shares, I could make more money if it went up.

Okay.

And so I did.

The company was about to go bankrupt.

Another company acquired it.

It tripled in price.

And I said, I like this game.

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