Ray Dalio tripled his money at 12 on his first stock pick — then a bad call left him borrowing $4,000 from his dad

Before legendary investor Ray Dalio made billions as the founder of hedge fund giant Bridgewater Associates, he was a 12-year-old caddy at a local golf club in 1960s New York.

While the golfers there had no idea that they had a future financial titan carrying their clubs, they were, nevertheless, unknowingly setting Dalio on a course to build his own fortune.

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