Ray Dalio warned that just because people's financial portfolios are going up, it doesn't mean they're really getting richer.
"It's a part of the world that one can't neglect and not only because of the opportunities it provides but you lose the excitement if you're not there," Dalio told Bloomberg.
The $21 billion Orange Country Employees Retirement System has invested in Ray Dalio's Pure Alpha fund since 2005.
Jeremy Grantham, Bill Miller, Charlie Munger, and Steve Cohen's portfolios were potentially hit by Alibaba's plunging stock price as well.
Dalio defended China's recent tightening of the general collection and use of data across all corners of its tech economy.
The Bridgewater Associates cofounder said the Federal Reserve could spook investors if it withdraws support too aggressively.
Prince's remarks in an interview with the Financial Times add to the raging debate over the Fed's view that any coming inflation will be transitory.
Dalby joins NYDIG as CFO, and is among the latest high-profile people moves within the cryptocurrency space.
Regulatory uncertainty, volatility, and liquidity concerns have kept Bridgewater Associates away from bitcoin, but that could change.
The hedge-fund billionaire's market gauge identified froth in stock prices, new buyers, bullishness, and use of leverage.
Bridgewater Associates is further shaking up its executive ranks. David McCormick, the hedge fund’s CEO, announced the changes in a February 11 memo to staff. Bridgewater was battered in 2020, losing about $US12 billion as other funds found great success. Visit the Business section of Insider for more stories. The […]
The changes could lay the groundwork for the departure of Ray Dalio, who founded the hedge fund in 1975.
Bridgewater Associates ditched its stake in Tesla and opened new positions in major banks last quarter. The world’s largest hedge fund also made new bets on tech stocks including Facebook and BlackBerry. The fund sold its stakes in automaker Ford and apparel brands Lululemon and Under Armour. Sign up here […]
Other new financial bets Dalio took on included Wells Fargo, Bank of New York Mellon, Bank of America, and MasterCard.
Hedge-fund billionaire Ray Dalio worries the GameStop saga was a product of national division and inequality. The Bridgewater Associates boss said the discontent will eventually spark a civil war. Politicians should reengineer the capitalist system to distribute wealth more evenly, Dalio said. Visit Business Insider’s homepage for more stories. Billionaire […]
Ray Dalio’s Bridgewater Associates lost $US12.1 billion for investors in 2020. But the top 20 hedge funds pulled off their biggest returns in a decade. Dalio is still the best-performing manager of all time, LCH Investments said. Sign up here for our daily newsletter, 10 Things Before the Opening Bell […]
Bridgewater Associates founder Ray Dalio tweeted Sunday that the US could fall into a “terrible” civil war if its political and economic challenges aren’t addressed. “Our country is still in a terrible financial state and terribly divided,” he wrote. He called on Democrats and Republicans to work together to address […]