Billionaire Ray Dalio on his big bet that failed: 'I went broke and had to borrow $4,000 from my dad'
December 04, 2019 at 11:19 AM EST
Today, Ray Dalio is known as the founder of Bridgewater Associates, the world's largest hedge fund. But the billionaire had to face several failures (including the horrible aftermath of one risky bet) to learn the principles that led him to success.