Billionaires Who Won't Leave Their Entire Fortune to Their Kids
Some tycoons in the financial world are committed to donating the bulk of their wealth to charity.
“Beyond having enough money to help secure the basics - quality relationships, health, stimulating ideas, etc. - having more money, while nice, wasn't all that important.” |
- Ray Dalio |
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Dalio founded Bridgewater Associates, one of the biggest hedge funds in the world. In a very recent interview in Huffington Post, he claimed that meditation more than any other factor has been the secret to his success. An interesting thought considering that he was apparently fired from his first job after he got into a drunken disagreement with his boss and punched him. He anticipates economic trends based on his study of economic history and the economic machine. His 30-minute film How the economic machine works has over 8 lakh hits on YouTube. He explains the economic machine by breaking down the economy and markets into their component pieces and studying the relationships of these pieces through time. |