{"id":25756,"date":"2025-08-01T15:54:01","date_gmt":"2025-08-01T12:54:01","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-advocate-ray-dalio-departs-bridgewater-associates\/"},"modified":"2025-08-01T15:54:01","modified_gmt":"2025-08-01T12:54:01","slug":"bitcoin-advocate-ray-dalio-departs-bridgewater-associates","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-advocate-ray-dalio-departs-bridgewater-associates\/","title":{"rendered":"Bitcoin Advocate Ray Dalio Departs Bridgewater Associates"},"content":{"rendered":"<p>Billionaire Ray Dalio has handed over the reins of Bridgewater Associates, the hedge fund he founded 50 years ago.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"zxx\" dir=\"ltr\"><a href=\"https:\/\/t.co\/UXbieodFlV\">https:\/\/t.co\/UXbieodFlV<\/a><\/p>\n<p>\u2014 Ray Dalio (@RayDalio) <a href=\"https:\/\/twitter.com\/RayDalio\/status\/1951026980037472403?ref_src=twsrc%5Etfw\">July 31, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to <a href=\"https:\/\/www.wsj.com\/finance\/investing\/ray-dalio-sells-last-of-his-stake-in-bridgewater-52376c4d\">WSJ<\/a>, the businessman sold his remaining stake in the company and exited the board of directors. Following this, Bridgewater issued new shares to Brunei&#8217;s sovereign fund. As a result of the multi-billion dollar deal, the latter acquired nearly 20% of the company&#8217;s shares.<\/p>\n<p>ForkLog asked libertarian economist Yevgeny Romanenko whether the new leadership at Bridgewater might more actively embrace cryptocurrencies. In his view, such predictions are pointless until the firm takes concrete actions.<\/p>\n<p>The expert emphasized that the decisions of the firm should not influence individual investors&#8217; strategies, as the goals of funds and private individuals differ.<\/p>\n<p>Dalio&#8217;s departure marks the final stage of a long process. He stepped down as CEO in 2017 and left the position of chairman at the end of 2021.<\/p>\n<h2 class=\"wp-block-heading\">Dalio on His Departure<\/h2>\n<p>He stated that he is pleased with the transition and shared the principles that have ensured the firm&#8217;s success over the past 50 years.<\/p>\n<p>Dalio likened the handover to raising the next generation. He said that seeing Bridgewater &#8220;alive and well&#8221; without his involvement is akin to watching strong and independent children. The financier noted that the company is now managed by individuals 25-50 years younger than himself.<\/p>\n<p>Dalio identified the selection of people and culture as key working principles. He advised creating an &#8220;ideocracy,&#8221; where the main goals are meaningful work and relationships built on &#8220;radical truthfulness and transparency.&#8221;<\/p>\n<p>Another principle is to foster a culture where making mistakes is acceptable, but failing to learn from them is not. He formulated this as an equation: Pain + Reflection = Progress.<\/p>\n<p>Dalio now plans to focus on other projects, including passing on his principles to others, investing, family, and exploring the ocean through the media project OceanXplorers.<\/p>\n<h2 class=\"wp-block-heading\">Dalio&#8217;s Forecasts<\/h2>\n<p>The investor, known for accurately predicting the 2008 crisis, anticipates new upheavals. He believes the world faces a global debt crisis by the end of 2025, and the U.S. economy risks a &#8220;heart attack&#8221; if the government does not reduce the budget deficit.<\/p>\n<p>In light of these forecasts, Dalio <a href=\"https:\/\/forklog.com\/en\/news\/ray-dalio-advises-allocating-15-of-savings-to-bitcoin\">recommended<\/a> investors allocate up to 15% of their portfolios to Bitcoin and gold to hedge risks. Previously, he advised limiting this to 2%.<\/p>\n<p>In 2021, Dalio <a href=\"https:\/\/www.bridgewater.com\/_document\/what-i-think-of-bitcoin?id=00000177-6a27-db12-a3f7-eef731310000\">called<\/a> Bitcoin a &#8220;hell of an invention.&#8221; He acknowledged owning some cryptocurrency but prefers gold.<\/p>\n<p>Some of Dalio&#8217;s forecasts have proven incorrect. In 1982, he anticipated a global economic depression, which did not materialize, leading to significant losses for Bridgewater. Dalio later <a href=\"https:\/\/www.cnbc.com\/2017\/09\/15\/ray-dalio-went-broke-and-nearly-shut-bridgewater-hedge-fund.html\">admitted<\/a> that his assessment nearly bankrupted the company.<\/p>\n<p>In December 2024, the financier <a href=\"https:\/\/forklog.com\/en\/news\/ray-dalio-labels-bitcoin-as-hard-money-amid-debt-crisis-concerns\">announced<\/a> plans to invest in the leading cryptocurrency amid an inevitable debt crisis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire Ray Dalio has handed over the reins of Bridgewater Associates, the hedge fund he founded 50 years ago. https:\/\/t.co\/UXbieodFlV \u2014 Ray Dalio (@RayDalio) July 31, 2025 According to WSJ, the businessman sold his remaining stake in the company and exited the board of directors. Following this, Bridgewater issued new shares to Brunei&#8217;s sovereign fund. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25755,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[83,1138,1732],"class_list":["post-25756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-business","tag-opinions","tag-ray-dalio"],"aioseo_notices":[],"amp_enabled":true,"views":"244","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/25756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=25756"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/25756\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/25755"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=25756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=25756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=25756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}