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

And that was a very controversial point of view.

And then Mexico defaulted in August of 1982.

So I was asked to testify to Congress about what this is all about and what might happen to the economy.

I thought the economy was going to be a disaster.

I couldn't have been more wrong.

Okay.

So I lost money for me.

I lost money for my clients.

And I had to lay off everybody.

I was so broke, I had to borrow $4,000 from my dad.

So then my choice was, am I going to

You know, put on a suit and tie, go in, commute, and work for somebody in that capacity.

And I knew that I wasn't very good at working for people.

Now, that was painful.

That changed everything in my life.

That created the bottom at Bridgewater, and then it just kept going up because of what I learned.

I learned two things.

First of all, I learned humility to balance my audacity, okay?

I didn't have much humility.

I'd say, I'm right, I'm going to be right, and all that.

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