The Latest Breaking News from Bridgewater Associates

The billionaire Bridgewater Associates founder handed out some advice for those with “adventure ahead.”

Ray Dalio has taken on a new role as an educator after releasing control of Bridgewater Associates. And he dished out some classic investing advice to ChatGPT over the weekend.

The book strikes an optimistic, inspiring tone that sounds a lot like a candidate.

Bridgewater Associates was founded in 1975 and has over $223 billion in assets under management, making it one of the world’s largest hedge funds.

Ray Dalio announced Tuesday he’s ceding control of Bridgewater Associates, 47 years after he founded the hedge fund that’s become the world’s largest.

Ray Dalio's new title at Bridgewater Associates will be founder and CIO mentor. He will remain a board member.

"I feel great about the people and 'machine' now in control," Dalio tweeted.

The rout in the financial market resulting from the U.K. government’s spending plan “suggests incompetence,” billionaire investor and founder of Bridgewater Associates, Ray Dalio, said in a series of tweets.

The Federal Reserve's raising of interest rates could bring the economy "down," according to billionaire Ray Dalio. In a recent LinkedIn post, the Bridgewater Associates founder said increasing interest rates to about 4.5% — meant to offset inflation — will cause stock prices to plummet by 20%.