
HBR IdeaCastRay Dalio on Economic Trends, Investing, and Making Decisions Amid Uncertainty
Jan 20, 2026 · 29 min
Over the years, investor Ray Dalio built his hedge fund, Bridgewater Associates, into one of the largest in the world. He's done that in part by understanding the history of economic cycles and macroeconomic trends. He's also made shrewd investing and management decisions and stands by his values. He shares where he sees the U.S. today in terms of economic power and the progress that leaders of al…