Deep-sea expeditions are "very safe" as long as established safety protocols are followed, Ray Dalio said. "Diving in a classed submersible is no more risky than taking a commercial flight or driving in a car," he said. The billionaire investor is the founder of nonprofit initiative OceanX, which is currently planning explorations in Norway's fjords, the Red Sea and the Indian Ocean. But billionaire investor Ray Dalio, also the founder of the nonprofit ocean exploration initiative OceanX, has pushed back against the paranoia. As author of 'Principles', a guide to his management and investment philosophy, Dalio often weighs in on financial and economic matters.

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Persons: Ray Dalio, —, Hamish Harding, Dalio, OceanX, Dalio's, Mark Dalio Organizations: Service, Bridgewater Associates, OceanGate, Stockton Rush, Bridgewater, Forbes Locations: British, Azores, India, China