A big thanks to Josh Brown (see his great site here) for directing us towards this rare and excellent interview with Ray Dalio at the Bloomberg Markets 50 Summit in New York. The operator of the world’s largest hedge fund discusses his “principles” (which can be found here) and his outlook for the global economy.
Dalio’s funds have generated astounding returns since inception and continue to do so this year (see here for more details on how they’ve achieved this).
Source: Bloomberg TV
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.