Here’s how Ray Dalio learned to invest!

Ray Dalio is an American billionaire investor and hedge fund manager, who founded Bridgewater Associates, the world’s largest hedge fund.

On the course at a golf club in Long Island, NY, a young Dalio worked for George Leib and Donald Stott, two men with connections to Wall Street. 

He listened to them talk shop, took the $300 he made from caddying, and invested it in the cheapest company he could find – Northeast Airlines.

Dalio ultimately tripled that investment, and built a stock portfolio worth thousands of dollars by the time he graduated from high school. 

He started Bridgewater Associates in 1975, and grew it into the world’s largest hedge fund over roughly four decades, before stepping down as CEO in 2017.

Dalio said listening to Leib and Stott while working as a golf caddy was what helped him launch his investment career.