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Billionaire Ray Dalio Bought His First Stock At Age 12

by cnbc.com posted 2months ago 13 views
When the stock tripled in value, "that's what got me hooked," he says. : Dalio now heads Bridgewater Associates, the world's largest hedge fund with roughly $160 billion in assets. But when he was only 12 years old in the early 1960s, Dalio just wanted somewhere to invest the money he'd earned caddying on a golf course and everyone he knew was talking up the stock market. "In the '60s, the stock market was the hottest it has ever been," Dalio said in an interview at the Stanford Graduate School of Business that was posted online last week.

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