Ani Ray Dalio, biography, style n’emisingi emikulu egy’okuteeka ssente

Ray Dalio ye mumerika omugagga w’ensimbi mu kkampuni ya Bridgewater Associates.

Ani Ray Dalio, obulamu n’emirimu, emisingi gye emikulu mu kuteeka ssente

Ray Dalio y’omu ku bagagga abasinga ku nsi ennaku zino. Tamanyikiddwa lwa busobozi bwe obw’okukola amagoba gokka, wabula n’enkola ye ey’enjawulo ey’okukola bizinensi. Omusajja ono yazaalibwa mu maka g’omuyimbi wa jazz mu New York mu 1949. Yayingizibwa mu migatte ku myaka 12. Mu kiseera kino, yagula omugabo gwe ogwasooka. Omuvubuka ono yakolanga ekitundu ky’ekiseera mu kiraabu ya Golf era buli kiseera yawuliranga emboozi ezikwata ku nsonga z’okutunda emigabo. Yakekkereza ddoola 300 n’azikozesa okugula sitoowa mu kkampuni y’ennyonyi eya Northeast. Bwe yali alondawo, yalungamizibwanga amateeka abiri:

1. Lirina okuba nga kkampuni eriko ettutumu.
2. Omuwendo gw’omugabo gumu teguyinza kusukka doola 5.

Okumala emyaka esatu teyakola kintu kyonna kya njawulo. Kkampuni eyafulumya emigabo olwo n’efuna eky’okugatta emigabo, oluvannyuma bbeeyi y’emigabo n’elinnya okuva ku ddoola 300 okutuuka ku ddoola ezisoba mu 900. Kino kyalaga omuvubuka Ray Dalio nti kisoboka okukola ssente ennungi mu katale k’emiwendo gy’ebintu, era kino kyayongera okusalawo ekkubo ly’obulamu bwe ku kigero ekinene. Ne mu buvubuka bwe, omusigansimbi omukulu ow’omu maaso yakkiriza ku lulwe ng’omusingi omukulu ogw’emirimu obwetaavu bw’okukola ensala ezetongodde, okunoonya amazima n’ebirowoozo bye. Mu myaka gye gyonna, ajja kulowooza ku ky’okuba n’ebirowoozo ebiggule, okwagala okukkiriza ebirowoozo ebipya ku mulimu, ekyetaagisa okusobola okutuuka ku buwanguzi mu bizinensi. Mu 1971, yatandika okusoma mu Harvard Business School. Mu kiseera kino, yakolanga ng’omuwandiisi mu New York Stock Exchange. Yali yeenyigira mu kusuubula emigabo, ssente, wamu n’okusindika ebintu. Ekisembayo kyaliwo mu kiseera ky’okutendekebwa n’omu ku badayirekita ba Merrill Lynch. Mu kiseera ekyo, emirimu gy’okuwanyisiganya ebintu tegyali gya njawulo era bangi baali bakitwala nti tekisuubiza. Mu 1974, Ray Dalio yafuuka dayirekita w’ebintu mu kkampuni ya Dominick & Dominick LLC, mu bbanga ttono n’agenda okukola nga broker era omusuubuzi mu Shearson Hayden Stone. Oluvannyuma lw’okugenda mu 1975, yakitegeera nti yali akuŋŋaanyizza okumanya n’obumanyirivu obumala okutandikawo bizinensi ye – Bridgewater Associate. Mu kiseera kino, yali yafuna dda diguli ya MBA okuva mu Harvard Business School. . Mu 1974, Ray Dalio yafuuka dayirekita w’ebintu mu kkampuni ya Dominick & Dominick LLC, mu bbanga ttono n’agenda okukola nga broker era omusuubuzi mu Shearson Hayden Stone. Oluvannyuma lw’okugenda mu 1975, yakitegeera nti yali akuŋŋaanyizza okumanya n’obumanyirivu obumala okutandikawo bizinensi ye – Bridgewater Associate. Mu kiseera kino, yali yafuna dda diguli ya MBA okuva mu Harvard Business School. . Mu 1974, Ray Dalio yafuuka dayirekita w’ebintu mu kkampuni ya Dominick & Dominick LLC, mu bbanga ttono n’agenda okukola nga broker era omusuubuzi mu Shearson Hayden Stone. Oluvannyuma lw’okugenda mu 1975, yakitegeera nti yali akuŋŋaanyizza okumanya n’obumanyirivu obumala okutandikawo bizinensi ye – Bridgewater Associate. Mu kiseera kino, yali yafuna dda diguli ya MBA okuva mu Harvard Business School. .
Headquarters Bridgewater Associate [/ caption] Firimu eno ekyakulaakulana, n’efuuka emu ku nsawo ezisinga obunene mu nsi yonna. Mu 2018, kkampuni eno yaddukanya eby’obugagga bya ddoola obuwumbi 160. Mu kiseera kino, obugagga bwa Ray Dalio obw’obuntu bwasukka obuwumbi bwa ddoola 18. Mu kusooka, kkampuni eno yafuna ebiseera ebizibu. Dalio yalina okugoba abakozi bonna n’asaba kitaawe ddoola 4,000 okusasula ebbanja lye. Oluvannyuma lw’okutandika obubi, omusigansimbi yaddamu okulowooza ku ndowooza ye ku bulamu era n’atuuka ku bwetaavu bw’okugoberera emisingi egimu.

Ensonga emuleetera ebizibu ku mutendera ogusooka, alaba okwagala okweraba nga mutuufu mu mbeera yonna. Mu biseera eby’omu maaso, nga bw’agamba: “Nnakyusa essanyu ery’okubeera omutuufu olw’essanyu ery’okutegeera amazima.” Enkolagana ennungi mu ttiimu egendereddwamu okulaba nga buli muntu alaga amaanyi ge, era ekirowoozo ekisinga obulungi kiwangula, awatali kufaayo ku ani yakiraga.

Omusigansimbi assa nnyo essira ku kufumiitiriza. Alowooza nti okutuukirizibwa mu by’omwoyo gwe musingi gw’obuwanguzi mu bizinensi. Mu ndowooza ye, okufumiitiriza kumuwa amaanyi okusinga okwebaka, kutumbula enkola ey’obuyiiya mu bulamu n’emirimu.

Omusono gwa Ray Dalio ogw’okuteeka ssente mu bizinensi

Omusigansimbi omukulu yassa mu nkola mu kkampuni ye emisingi egy’enjawulo egyamuyamba okutuuka ku buwanguzi bwa leero era nga gikyagenda mu maaso n’okukozesebwa n’okutuusa leero. Ekimu ku bikulu by’atwala ng’okuggulawo. Ray Dalio agezaako okulaba ng’abakozi be balina amawulire agataliimu bukwakkulizo ku mbeera y’ebintu era basobola okwetongola okuzuula endowooza yaabwe ku kkampuni.
Essira liteekeddwa ku kulongoosa enkolagana wakati w’abakozi mu kkampuni, okutondawo n’okukulaakulanya obuwangwa bw’ekitongole obw’enjawulo. Bw’oba ​​osalawo, kikulu okulowooza nti ebiseera ebisinga ebibaawo si bya njawulo. Ebintu ebifaananako bwe bityo bibaddewo mu biseera eby’emabega, era waliwo eby’okuyiga okuva mu byo. Bw’ozisoma, osobola okuzuula enkola eziyinza okufuuka omusingi gw’okusalawo mu mbeera entongole. Kkampuni eno ekozesa ebifo bisatu eby’okusiga ensimbi mu kuddukanya eby’obugagga: Pure Alpha, Pure Alpha Major Markets ne All Weather. Ekisembayo ku byo, eky’okukola sizoni zonna, kirimu eby’obugagga ebisinga obungi. Ekitabo kya Ray Dalio kirimu ebitundu bino wammanga:

1. 40% bondi ez’ekiseera ekiwanvu;
2. 15% emigabo gy’amabanja ag’ekiseera eky’omu makkati;
3. Emigabo gya kkampuni ez’enjawulo ebitundu 30%;
4. 7.5% zaabu;
5. 7.5% ebintu eby’ebika eby’enjawulo.

Nga addukanya ekifo, Dalio akozesa omusingi gw’okugeraageranya n’embeera ezifaanagana emabega, ng’agezaako okukozesa obukodyo obwaleeta edda obuwanguzi. Mu nkola, ekifo kino kiraga ebirungi okumala emyaka. .
The cover of one of the most famous books by Rey Dalio “big debt crises” [/ caption] Kyewunyisa nti bwe twekenneenya obulungi bw’enkola ng’eyo, embeera ez’enjawulo mu katale k’emigabo zaalowoozebwako era okubalirira okutuufu ne kukolebwa. Okugeza mu buzibu obwaliwo mu 1929, ekifo kyandifiirwa ebitundu 20% byokka, naye oluvannyuma ne liriyirira okuggyibwako kuno. Era kirungi okumanya nti mu nsonga z’amagoba, mu mwaka gwa 2008-2017, yasukkulumye ku muwendo gwa S&P mu nsonga z’amagoba. Emisingi gya Ray Dalio egy’obuwanguzi (mu ddakiika 30): https://youtu.be/vKXk2Yhm58o Pure Alpha Major Markets eyongedde okussa essira ku by’obugagga ebisingawo ebirimu amazzi. Obutale obukyakula butera okwewalibwa wano. Kifaanagana nnyo mu nsengeka n’ensawo ekola embeera y’obudde yonna. Pure Alpha bw’ogeraageranya ne Pure Alpha Major Markets efaayo nnyo ku butale obukyakula, naye mu nsengeka ya njawulo kitono ku kyo. Pure Alpha yafuna ebitundu 12% okutuusa mu 2019, kyokka mu 2020 yafiirwa ebitundu 7.6%. Ray Dalio yagambye nti ebifo bino byatondebwawo nga basuubira okukulaakulana mu by’enfuna mu nsi yonna obutasalako. Olw’ebizibu ebyava ku ssennyiga omukambwe, omusigansimbi yatandika okufaayo ennyo ku migatte egy’enjawulo egy’okwesigika. Mu mboozi ze, Ray Dalio ayogera ku ndowooza ye ku bulamu ne bizinensi:

1. Ayogera ku kwegomba kwe n’okukola eby’amagero ng’ensonga enkulu eyamuviiriddeko obuwanguzi . Ng’akola ekintu ekipya, afuba okukitegeera n’okuyiga engeri y’okukikolamu.
2. Enkola y’obuwanguzi agiyita okugatta ekirooto n’okwekenneenya embeera entuufu mu ngeri ey’amagezi . Era akitwala nti kikulu obulumi oba okulemererwa bwe wabaawo okusobola okuvvuunuka ekizibu ng’anoonya engeri entuufu ng’ekivudde mu kwekenneenya embeera.
3. Bw’aba apangisa abakozi, akuwa amagezi okufaayo ku mpisa ze, obusobozi bwe n’obukugu bwe . Bw’olonda ttiimu entuufu, osobola okukakasa nti abakozi abamu bajjuliza abalala, ne bakola ttiimu enzijuvu.
4. Okusalawo kulina okwewala demokulasiya n’obufuzi obw’ekimpatiira . Mu mbeera esooka, kiteeberezebwa nti endowooza ya buli muntu ya muwendo kyenkanyi, naye mu butuufu kino si bwe kiri. Ekyokubiri kitegeeza nti mukama yekka y’amanyi eby’okuddamu mu bibuuzo byonna. Ku Dalio, okusalawo kukolebwa wamu, naye endowooza z’abantu abo abeekakasa edda emabegako zirina obuzito obusingako.

Okunenya kukubirizibwa mu kkampuni. Kino kyetaagisa okuleeta embeera ey’okuggulawo n’okutondawo embeera esinga okuyiiya nga osalawo.

Okuddamu okwetegereza ekitabo kya Ray Dalio

Omusigansimbi yalambika engeri gy’ategeeramu obulamu n’amateeka g’okukola bizinensi mu kitabo “Principles. Obulamu n’emirimu. Ray Dalio alaba omusingi gw’obuwanguzi mu ndowooza entuufu ey’ebintu ebituufu. Kikulu okugezaako okumulaba nga bw’ali ddala, n’obutayisaawo by’oyagala ng’ebituufu. Kino okukituukiriza, okufaayo okumala kulina okussibwa ku nsonga zino wammanga:

1. Okusooka olina okumanya ddala obwagazi kye ki. Kino kyetaagisa olwo mu biseera eby’omu maaso kisobole okutegeera obulungi ebibakwatagana nabyo n’ebitakwatagana nabyo.
2. Kyetaagisa okuzuula ebintu ki ebituufu ebisinga okukwata ku kutuukirizibwa kw’ebiruubirirwa. Olina okuzisoma buli kiseera okusobola okumanya: kiki ekiyinza okuyamba, kiki ekiziyiza, engeri gye zikolamu.
3. Ray Dalio aggumiza obwetwaze bw’endowooza. Alowooza nti endowooza ekkirizibwa abasinga obungi si bulijjo nti ntuufu. Okwesalirawo kwe kusinga okuba n’obuwanguzi. Singa endowooza y’omuntu ekontana n’eyo ekkirizibwa abantu bonna, kino tekiwa nsonga lwaki agisuula awatali nsonga emala.
4. Mu kufuba okwetongola mu ndowooza, omuntu tasaanidde kwerabira nti endowooza ye yennyini si y’esinga okusuubiza bulijjo. Kikulu okusobola okukkiriza endowooza y’omuntu omulala, bw’eba esinga okuba entuufu.

Dalio alowooza nti obulamu bwonna buba buli kiseera okusalawo ebintu eby’enjawulo. Akungaanya amawulire agakwata ku misingi egyakozesebwa ku kino, gy’ayita emisingi. Ng’amaze okutegeera n’okukola amateeka gano, yagamanyiiza n’agassa mu nkola mu kkampuni ye. Kyetaagisa okuyiga buli kiseera, tokikomya. Ray Dalio agamba nti ayiga obulamu bwe bwonna era agenderera okusigala ng’akikola. Ekitabo kino kiraga mu bujjuvu emisingi gyakyo okunnyonnyola mu bujjuvu. Kino kisobozesa abasomi okusalawo engeri gye basaaniramu obulamu bwabwe n’emirimu gyabwe. Mu kitabo ekiddako, “Emisingi gy’Obuwanguzi,” omuwandiisi agenda mu maaso n’okwogera ku ndowooza ze ku nsi n’ebintu ebirabika mu kukola bizinensi. Kijjuliza ekitabo ekisooka, ekikusobozesa okutegeera obulungi enkola y’obulamu ne bizinensi ya yinvesita.
Ekitabo ekipya ekya Ray Dalio kiweereddwayo okufumiitiriza ku nkomerero y’ensi ey’omulembe guno. Kiyitibwa Engeri Enteekateeka y’Ensi Yonna gy’ekyukakyuka. Lwaki amawanga gawangula ne galemererwa. Okusinziira ku muwandiisi, yakubirizibwa okuwandiika ekitabo kino olw’ensonga zino wammanga:

1. Omuwendo omunene ogw’ebbanja ly’ensi yonna.
2. Ekituli mu ddaala n’engeri y’obulamu wakati w’abagagga n’abantu ba bulijjo.
3. Emitendera mu nkulaakulana y’enkolagana wakati w’amawanga egivuddeko China okweyongera ennyo.

Ekitabo kya Ray Dalio ekimanyiddwa ennyo “Big Debt Crises Coping Principles” – funa era osome ekitundu okuva mu kitabo:
Big Debt Crises Coping Principles Ray Dalio – Big Debt Crises around the bend, book review: https://youtu.be/xaPNbYkOT- 4 Omusigansimbi atwala embeera eriwo kati ng’efaananako n’eyo eyaliwo mu kiseera kya 1930-1945. Yeekenneenya embeera ezifaanagana mu byafaayo by’ensi yonna era n’akola enkola z’enkulaakulana ezifuga ebyafaayo by’amawanga agasinga okukulaakulana. Nga kiva mu kwekenneenya mu bujjuvu ebyafaayo by’abantu mu biseera eby’enjawulo, atuuka ku ndowooza ezimu ku bigenda okulindirira obuntu mu makumi g’emyaka agajja.