I took the personality test billionaire Ray Dalio rolled out to his hedge fund employees with the help of top psychologists. The results were mortifying — and accurate. (2024)

Taking a personality test — a quiz in which every single question revolves around you and purportedly tells you everything you need to know about yourself — may be the ultimate exercise in narcissism.

Don't get me wrong. I am not above navel-gazing now and then. Personality tests are fun. And even if they don't necessarily uncover any deep truths about how we're wired, carving out time for introspection can't hurt, right?

Except for the fact that a lot of these tests are little more than glorified horoscopes, and even the most famous ones are misleading, inaccurate, and unscientific. They make us mindlessly cling to simple labels, when in reality personality is nuanced and complex. Personality tests are also biased, and are partly to blame for keeping women out of the technology industry and other discriminatory hiring practices.

It was in this spirit of lightheartedness tinged with skepticism that I took the new personality assessment that Ray Dalio, the hedge-fund billionaire founder of Bridgewater Associates, launched in April.

Advertisem*nt

The free test, designed by a star-studded lineup of psychologists — including Adam Grant, Brian Little, and John Golden — combines psychometric analysis with research conducted by Dalio's team.

The new assessment arrives at a time when the $2 billion personality-test industry is gaining influence in corporate America. A growing number of organizations use personality tests in their human-resources departments.

The goal of this new assessment, Dalio said in an email, is to provide test-takers with insights into their natural dispositions to help them better understand themselves and others.

"By recognizing that people think differently and knowing what approach to thinking they have, they can improve their personal development and relationships," he said. "It also leads to successes that improve people's confidence and well-being."

I am dubious about that last part. For me, self-evaluation quickly turned to self-loathing.

Radical transparency in test form

I approached the test with a certain self-consciousness. I already have a decent sense of my fatal flaws, and knowing even just a little about Dalio's approach to personality tests — and to life and work — intimidated me.

A little background: Dalio founded Bridgewater out of his apartment in 1975. Today, it is the world's largest hedge fund, with about $138 billion under management. Dalio's early years running Bridgewater gave him an appreciation for how differently people think, he said. Inspired by the experience, he began to study and experiment with personality assessments.

The fund's selective hiring process requires candidates to take multiple personality tests to help recruiters discern whether potential employees have the right characteristics and emotional wherewithal to be successful there. And the new test has been in use at Bridgewater for a long time.

Advertisem*nt

The company is known for its unorthodox workplace culture that prizes "radical transparency" above all. The vast majority of its meetings and internal debates are recorded, and its 1,500 employees use an app to constantly critique and rate each other across more than 100 attributes on a scale of one to 10.

Bridgewater's environment of critical, honest, and often blistering feedback is, Dalio said, the backbone of Bridgewater's success, as detailed in his bestselling book, "Principles: Life & Work." But it is certainly not for everyone.

Radical transparency helps people see what really exists, he told Insider. And the test, called PrinciplesYou, tells people "what reality exists about their thinking."

This no-holds-barred transparency is also beneficial in helping match people's thinking preferences to jobs in which they will excel, he said.

Spoiler alert: I would not excel at Bridgewater. Journalists are a notoriously paranoid, tightly wound, and thin-skinned lot, and I fit right in.

Know thyself

The assessment required me to rate myself on a range of prompts using a sliding scale of "Disagree strongly" to "Agree strongly." The prompts include things such as "I typically choose pleasing others over being honest with them," "I rarely complain," "I like to Google people first if I am going to meet them for the first time," "I find other people's life stories fascinating," and "I don't worry about things that have already happened."

It took about 30 minutes to complete, and the results were instant. I received a detailed report about multiple dimensions of my personality and a rundown of my tendencies, talents, and weaknesses — or in assessment parlance, "opportunities for growth." I also got a catalog of my core traits, complete with a description of how they are likely to play out in real-life situations.

Reading through my personalized psychic inventory was at turns inspiring and mortifying.

Advertisem*nt

According to the test archetypes, I am an orchestrator. I have a preference for order and attention to detail, and a knack for connecting with people. The test also told me that I am determined, creative, nurturing, energetic, and a natural leader. At first, my ego swelled. "Maybe I should run for public office," I thought. "Maybe I do have what it takes to be a Peloton instructor!"

Then I dove deeper into my results. The findings were illuminating, but my self-esteem took a beating. I learned — or perhaps I was reminded — that I am not particularly flexible, adaptive, humble, or composed. "I like clear direction from others, but don't always follow it when it conflicts with how I think things should be done." Fair.

"On a team, I may perceive more emergent personalities as disorganized, while they might perceive me as rigid." Ouch.

Over a recent work-from-home lunch, I recited the results aloud to my husband. "Under stress, I may be resistant to taking advice from others, and I could benefit from working on maintaining my equanimity," I read.

Advertisem*nt

He gave me a sidelong glance and said nothing. Hmm.

Everybody gets a test

A version of the PrinciplesYou assessment is available for business use as a people-management tool. Dalio told me that he envisioned organizations using it to "empower personal discovery" and development, as well as to help managers build high-performing teams at the organizational level.

The enterprise model of the test is packaged with personalized consulting and workshops — and comes at a cost, which the company did not disclose.

The test I took is aimed at everyday users. It even includes a feature that allows you to compare your results with those of friends, family, and colleagues, and provide you with insights about your relationship. I just may get my husband to take it.

Advertisem*nt

Dalio said the assessment has been proved to have high retest reliability. And anecdotally speaking, he stands by individual results. "We ask everyone how it describes them, and the answers have almost always been 'spot-on,'" he said.

I give him that. The test gets an "A" for accuracy.

I took the personality test billionaire Ray Dalio rolled out to his hedge fund employees with the help of top psychologists. The results were mortifying — and accurate. (2024)

FAQs

What personality test does Ray Dalio use? ›

Ray recently launched a free personality assessment aimed at helping us to improve our understanding of ourselves and others, and helping others to understand us. This is linked to his first step to success. The “PrinciplesYou” assessment was built with psychologists Dr Adam Grant, Dr Brian Little, and Dr John Golden.

What stocks is Ray Dalio buying? ›

The following three stocks are Ray Dalio's largest stock positions.
  • Costco (COST) Source: ARTYOORAN / Shutterstock.com. ...
  • Coca-Cola (KO) Source: MAHATHIR MOHD YASIN / Shutterstock.com. ...
  • Procter & Gamble (PG) Source: monticello / Shutterstock.com.
Mar 28, 2024

What does Ray Dalio recommend? ›

Raymond T Dalio, Founder, CIO Mentor, says “avoid indebtedness, debt assets, minimize the debt assets and then to diversify into various locations. No one asset class, no one country, no one currency should be concentrated in because of the nature of that.

Is Barbara Dalio a Vanderbilt? ›

His soon-to-be wife, Barbara, was a Vanderbilt. Dalio started Bridgewater as a kind of consultancy for commodities, an asset class that had long been seen as unsexy.

What is the most credible personality test? ›

The most popular and credible personality tests include Myers-Briggs Type Indicator, Big Five, Enneagram and DiSC assessment.

What is the rarest personality type test? ›

INFJ. INFJ, also known as the advocate, counselor, or idealist, is the rarest type of personality in the general population. It represents about 1.5% of the general population in the United States.

What does Ray Dalio think about the market? ›

Bridgewater founder Ray Dalio says he doesn't think the stock market resembles a bubble. In a new note, the legendary hedge fund investor said despite the recent euphoria and rallies in the market, the landscape does not entirely meet his criteria for what constitutes a bubble.

Which hedge fund has the highest return? ›

Billionaire Christopher Hohn's TCI led the annual ranking by 2023 returns, which were $12.9 billion after fees, while Citadel, Millennium Management and D. E. Shaw, all multi-strategy firms, were the top three hedge funds by lifetime gains.

How much money do you need to invest in Bridgewater? ›

The firm does not have any individual clients. It generally requires clients to have a minimum of $7.5 billion of investable assets. Bridgewater has several strategies: Pure Alpha, Pure Alpha Major Markets, All Weather and Optimal Portfolio.

What did Ray Dalio study in Harvard? ›

Dalio was born in New York City and attended C.W. Post College of Long Island University before receiving an MBA from Harvard Business School in 1973. Two years later Dalio launched Bridgewater. In 2013, it was listed as the largest hedge fund in the world.

What made Ray Dalio successful? ›

He started investing in stocks before his teenage years. Before he entered high school, he had already created an investment portfolio running into several thousand dollars. Ray Dalio credits his investing principles and transcendental meditation — to some extent — for the extraordinary success that he achieved.

Does Ray Dalio invest in China? ›

Dalio Defends His Decades-Long Investment in China

Bridgewater Associates founder Ray Dalio defended his decades-long investment in China and pledged he won't abandon the world's second-largest economy even with all of the problems there he's identified and the risks of a war with his own country, the US.

Who is Ray Dalios wife? ›

He has been married to his wife, Barbara, for more than 40 years and has three grown sons and five grandchildren.

How old was Ray Dalio when he started Bridgewater? ›

In 1975, at age 26, he founded Bridgewater Associates in his two-bedroom Manhattan apartment. As the firm expanded, he wrote a 100-page essay, “Principles,” to share his management philosophy with his employees. Dalio believes his team must be “radically truthful and transparent” to achieve excellence.

What is the Bridgewater controversy? ›

Bridgewater Associates said that two former executives who have accused the world's largest hedge fund of favoritism, age and sex discrimination turned to court and the media in a bid to secure a “large payout.”

Who uses Myers-Briggs test? ›

The MBTI® assessment is most often used by organizational development professionals, coaches, and consultants, as well as by career counselors and educators. A fundamental step in any change process is to develop and improve self-awareness.

What MBTI test is Mark Zuckerberg? ›

Mark Zuckerberg is widely speculated to be an INTJ (Introverted, Intuitive, Thinking, Judging) personality type based on the Myers-Briggs Type Indicator (MBTI). INTJs are known as the "Architects" or "Strategists." They are rare and strategic thinkers with a plan for everything.

What Myers-Briggs personality test does Oprah use? ›

Overall, Oprah Winfrey's personality could be best described as the ENFJ type. Her ability to connect with others, inspire change, and make an impact aligns with the typical traits of this personality type.

Do companies use the Myers-Briggs test? ›

Businesses commonly use it as a career assessment tool that can help employees make and reach the right career goals and help companies learn more about their employees' personalities to build stronger, more effective teams.

Top Articles
Latest Posts
Article information

Author: Kelle Weber

Last Updated:

Views: 5937

Rating: 4.2 / 5 (73 voted)

Reviews: 88% of readers found this page helpful

Author information

Name: Kelle Weber

Birthday: 2000-08-05

Address: 6796 Juan Square, Markfort, MN 58988

Phone: +8215934114615

Job: Hospitality Director

Hobby: tabletop games, Foreign language learning, Leather crafting, Horseback riding, Swimming, Knapping, Handball

Introduction: My name is Kelle Weber, I am a magnificent, enchanting, fair, joyous, light, determined, joyous person who loves writing and wants to share my knowledge and understanding with you.