Ray Dalio – The Changing World Order: Where we are and where we are going (opens in new tab)

You heard it here first folks. The guy who created the largest hedge fund in the world is a moron. You can't build a $160 billion hedge fund by being a moron. You have to be smart, ruthless and well connected. If you want to call him names, then call him greedy, sneaky, etc. Don't call him a moron because it's obviously not true.

> 'Cash is trash' just few weeks before market sellout...

There was also talk of a large short positions to guard against market sell offs.

https://www.cnbc.com/2019/11/22/bridgewater-associates-bets-...

https://www.bloomberg.com/news/articles/2020-03-16/bridgewat...

> and his alpha strategy is to sit out the losses

You do realize that his fund has performed much better than the market right? His "losses" are much smaller than the overall market "losses".

Also, his investment performance has nothing to do with his article about history/geopolitics/wealth/etc.