Wednesday, November 13, 2013

Hedge Fund Genius Says Secret to His Success Is Meditation

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Bloomberg Markets 50 SummitBloomberg via Getty ImagesRay Dalio One of the most successful hedge fund managers in the world attributes his success to a daily meditation regimen. "I've been doing it for 44 years, twice a day for 20 minutes," says Ray Dalio, the guru behind Bridgewater Associates, speaking at Tuesday's NYTimes Dealbook Conference. "It's such a great investment ... more than any other factor in my success. It opens up the two sides of the brain, brings a creativity and open-mindedness." He adds, "It allows you to clear your head and bring an equanimity to everything." His meditation regimen has inspired other Wall Street celebrities, including Daniel Loeb and New York Times columnist Andrew Ross Sorkin, who said he meditated the night before Tuesday's conference to calm his nerves.

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