h/t Joe Koster
The Alpha MastersUnlocking the Genius of the World’s Top Hedge Funds
By Maneet Ahuja
Today I am reviewing The Alpha Masters: Unlocking the Genius of the World’s Top Hedge Funds. Read my other book reviews here.
Like greedy children we investors tend to cling to . . .
Here’s Ray Dalio speaking at the Council on Foreign Relations. As usual, a must-watch:
Over the weekend Barron’s ran a profile of Ray Dalio, founder of Bridgewater Associates, whose views on the macroeconomy are second to none:
It’s hard to imagine anyone navigating the rough seas of the past decade more ably than Ray Dalio, master and commander of money-management firm Bridgewater Associates, which oversees $120 billion for a roster of global clients that include foreign governments, pension funds and endowments.
The Westport, Conn.-based company is the world’s largest hedge-fund firm and one . . .
The Economist has a must-read profile of Ray Dalio of Bridgewater Associates:
“THE most beautiful deleveraging yet seen” is how Ray Dalio describes what is now going on in America’s economy. As America has gone through the necessary process of reducing its debt-to-income ratio since the financial crash of 2008, he reckons its policymakers have done well in mixing painful stuff like debt restructuring with injections of cash to keep demand growing. Europe’s deleveraging, by contrast, is “ugly”.
Mr Dalio’s . . .
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