Ray Dalio
Billionaire Ray Dalio credits his success to 40 minutes of meditation per day — here’s how he does it
Long before it was cool, Ray Dalio credited his financial success to a simple practice: a daily meditation.
Twice per day, the 72-year-old billionaire closes his eyes and repeats a short mantra in his head for 20 minutes at a time, he tells CNBC Make It. It’s a practice known as Transcendental Meditation (TM), which Dalio says he adopted in 1969 — six years before he founded Westport, Connecticut-based hedge fund Bridgewater Associates.
Over the following five decades, Dalio built Bridgewater into the world’s largest hedge fund before stepping down as co-CEO in 2017. Today, Bridgewater manages more than $150 billion in assets.
Since stepping down, Dalio says he’s been on a mission to widely share the knowledge that helped enable his success. That includes his meditation practice, which he once called “the single most important reason for whatever success I’ve had.”