The post Ray Dalio Leaves Bridgewater, Updates on Crypto Views appeared on BitcoinEthereumNews.com.

Billionaire Ray Dalio has handed over control of the hedge fund he founded 50 years ago, Bridgewater Associates. According to reports, Dalio sold his last stake in the company and left the board of directors. After that, Bridgewater issued new shares to the sovereign fund of Brunei. As a result of this multibillion-dollar deal, the fund received almost 20% of the company’s shares. Libertarian economist Eugene Ronin told to CoinTelegraph we should expect more active use of cryptocurrencies by Bridgewater’s new management. In his opinion, such forecasts are meaningless until the company takes concrete actions. The expert emphasized that the company’s decisions should not influence the personal strategies of investors, since the goals of funds and individuals differ. Dalio’s departure is the latest step in a long process. He stepped down as CEO in 2017 and resigned as chairman at the end of 2021. Dalio on Leaving He said he was pleased about this transition and shared the principles that have ensured the company’s 50 years of success. Dalio compared the transition to raising a younger generation. According to him, seeing Bridgewater “alive and well” without his involvement is like watching strong and independent children. The financier noted that the company is now run by people who are 25 to 50 years younger than him. Dalio named the choice of people and culture as his main working principles. He advised creating an “ideocracy” where the main goals are meaningful work and relationships built on “radical truth and transparency.” Another principle is to create a culture where it is okay to make mistakes, but it is unacceptable not to learn from them. He formulated this as an equation: Pain + Reflection = Progress. Dalio now plans to focus on other projects, including sharing his principles with others, investing, family, and ocean…

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Filed under: News - @ August 1, 2025 7:26 pm