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Ray Dalio: Hardship builds better hires than academic success

Billionaire investor Ray Dalio, founder of Bridgewater Associates, shared insights into his early career and current hiring philosophy. Despite being a self-described "below average" student, Dalio discovered investing by caddying for Wall Street traders and using his earnings to buy stocks. He now prioritizes hiring individuals who have overcome hardships, believing such experiences foster inventiveness and determination more than purely academic success. AI

RANK_REASON The article is an opinion piece by a prominent figure discussing their personal philosophy and career insights, rather than reporting on a new event or development.

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Ray Dalio: Hardship builds better hires than academic success

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Eleanor Pringle ·

    Ray Dalio was a ‘below average’ student who got into investing by caddying for Wall Street traders: Now he hires talent who have experienced hardship

    “What I find quite often is the case is that that student who did really, really well—and in remembering all the things that they’ve learned and so on—hadn’t gone through anything like that, [and] may not be the most inventive, may not be the most determined.”