Ray Dalio Quote

Competitiveness is really what it costs you per man-hour to get you what you want. In other words, there's an education level that plays into the mix and so if it's inexpensive to buy an hour of real good education in places like China versus the U.S., that factors in.

Ray Dalio

Competitiveness is really what it costs you per man-hour to get you what you want. In other words, there's an education level that plays into the mix and so if it's inexpensive to buy an hour of real good education in places like China versus the U.S., that factors in.

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About Ray Dalio

Raymond Thomas Dalio (born August 8, 1949) is an American billionaire and hedge-fund manager, who has been co-chief investment officer of Bridgewater Associates since 1985. He founded Bridgewater in 1975 in New York.
Dalio was born in New York City and attended C.W. Post College of Long Island University before receiving an MBA from Harvard Business School in 1973.
In 2013, Bridgewater was listed as the largest hedge fund in the world.
Dalio is the author of the 2017 book, Principles: Life & Work, about corporate management and investment philosophy.
As of December 2024, Dalio ranks #124 on Forbes' Richest People in the World with a net worth of $15.4 billion.