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Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has offered a more positive stance on bitcoin than in comments that made headlines last month.In a Reddit Ask Me Anything (AMA) on Tuesday, Dalio said he thought bitcoin and other cryptocurrencies had “established themselves” over the last
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Bridgewater Associates founder Ray Dalio asked for and received a heaping dose of “radical candor” Tuesday when he said he’d “love to be corrected” on the negative views about bitcoin he expressed last week. In a Twitter thread, the chairman of the world’s largest hedge fund said, “I might be missing
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In an otherwise extremely bullish week, famed investor Ray Dalio reiterated his skepticism of bitcoin and digital assets.On this edition of the weekly recap, NLW looks at bitcoin’s surge past $16,000. Additionally, he explores some recent FUD from Ray Dalio, which NLW argues seems strangely locked in years-old narratives. Source
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Ray Dalio, the founder and co-chairman of Bridgewater Associates, the world’s largest hedge fund, said he sees three main problems with bitcoin and other cryptocurrencies that will limit their future, including that governments will “outlaw” them should they start to become “material.”In an interview with Yahoo Finance, Dalio said he
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Ray Dalio, the billionaire hedge fund manager and founder and chief investment officer of Bridgewater Associates, believes capital markets are no longer free.Speaking to Bloomberg, Dalio said markets have changed a lot so central banks like the Federal Reserve no longer act within the confines of the traditional economic system.“There
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Ray Dalio claimed “cash is trash” in late January just before markets tanked 30%. Now, with stocks back near all-time highs, he’s calling for a “lost decade” in stocks. While he may be right over the next few months, a lost decade seems unlikely. 2020 has been a humbling year for professional money
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In a recent TED interview, Bridgewater Associates co-chairman and co-CIO, Ray Dalio, labeled cash as a risky place to park wealth, although he failed to mention Bitcoin (BTC) as an alternative. "Do not think that cash is a safe investment," Dalio told TED interviewer Corey Hijam in an April 9
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Ray Dalio sees little to worry about regarding the coronavirus outbreak. The hedge funder expects markets to rebound despite concerns over slowing growth. The virus will shave about one percentage point from China’s economic growth rate. Even as the death toll from the fast-spreading coronavirus illness exceeds 1,000 people in China and the
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