Ray Dalio, Hedge Fund Genius, Says Meditation Is Secret to His Success

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Bloomberg Markets 50 Summit
Bloomberg via Getty ImagesRay Dalio
One of the most successful hedge fund managers in the world attributes his success to a daily meditation regimen.

"I've been doing it for 44 years, twice a day for 20 minutes," says Ray Dalio, the guru behind Bridgewater Associates, speaking at Tuesday's NYTimes Dealbook Conference. "It's such a great investment ... more than any other factor in my success. It opens up the two sides of the brain, brings a creativity and open-mindedness." He adds, "It allows you to clear your head and bring an equanimity to everything."

His meditation regimen has inspired other Wall Street celebrities, including Daniel Loeb and New York Times columnist Andrew Ross Sorkin, who said he meditated the night before Tuesday's conference to calm his nerves.

That serenity belied Dalio's comments, in which he predicted future failures and was pessimistic in his view of the world economy:
  • He would not invest in Bitcoins right now, though he says the idea has "a lot of merit."
  • Equities will have a 4 percent return over the next decade
  • France is on the verge of being the next basket case of Europe. "As debt rises faster than income, which is continuing in France, there is going to be a rise in debt service payments, and those are going to have a constricting nature on the economy. ... It puts France in the category of southern European countries."
  • Though the Fed has done a "masterful job" at providing liquidity in the wake of the financial crisis, Dalio believes that the Fed's emphasis on printing money is "working with consistently decreasing effect."
  • He doesn't think that the Fed is going to raise interest rates for at least a few years. "Going forward, most investors are not going to be able to produce alpha," Dalio says, referring to the return of an investment in excess of its comparable benchmark index. He predicts that investors will move to a more balanced portfolio.

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Gita Gita

hi , all of my friends, I would like to share my own feeling regarding benefits of meditation. Why Meditation? Happiness and peace have less to do with gross objects; they refer to states of mind. Moreover, there is another kind of experience, which is the highest and is independent of worldly objects and senses. It is called Bliss. This bliss is one thing for which a person should practice meditation. Brahmakumaris offers foundation courses in meditation through each of its centres spread across the world.

December 04 2013 at 2:41 AM Report abuse rate up rate down Reply
Tom

What kind of meditation? Without knowing what type, how can I make billions? Seriously though, there are so many methods.

November 18 2013 at 5:49 PM Report abuse rate up rate down Reply
timberforest14

Naw, thats an excuse because he didn'twant to tell you the truth, walk on the small guy, thats his story. Be selfish,

November 17 2013 at 4:41 AM Report abuse rate up rate down Reply
maryann

my cat meditates all day long

November 17 2013 at 12:55 AM Report abuse rate up rate down Reply
DM StuntDigital!

Meditation and just getting lucky are the same thing I guess.....

November 17 2013 at 12:30 AM Report abuse rate up rate down Reply
Chief

Don't go into the US military. Definate wealth cutter

November 16 2013 at 10:44 PM Report abuse rate up rate down Reply
abrath8793

ZZZZZzzzzzzz

November 16 2013 at 10:09 PM Report abuse rate up rate down Reply
Steve

Money dose strange things, If I said the same thig and I don't nobody would care.

November 16 2013 at 9:54 PM Report abuse rate up rate down Reply
fernerobin

Can anybody say 'PARASITE'....!

November 16 2013 at 9:25 PM Report abuse rate up rate down Reply
brokedogleg

There's always time for meditation when you're rich.

November 16 2013 at 9:03 PM Report abuse rate up rate down Reply