Ray Dalio’s flagship fund has returned an annualized 3.8% since the start of 2012. Explains the books and interviewshttps://www.bloomberg.com/news/articles/2019-12-04/ray-dalio-is-more-famous-than-ever-and-delivering-subpar-returns …
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Replying to @vetleforsland @orrdavid
I always considered there to be a striking disconnet between Bridgewater’s size and Dalio’s fame, and the paucity of insight Dalio exhibited whenever he was interviewed. So much so i even half wondered if he was a Madoff. His weak performance numbers therefore do not surprise me.
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Replying to @LT3000Lyall @vetleforsland
As a new investor, I have no idea why people listen to or invest with him. His fund's method is a strange outlier. Instead of concentrating the decisions between one or a few individuals, it's spread over hundreds. And the performance is terrible.
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Not just a paucity or insight. In interview he can be incoherent, plus he shakes madly like an alcoholic in withdrawal. The few people I’ve met who’ve worked there always gave me a creepy vibe.
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Replying to @Molson_Hart @orrdavid and
He has been predicting a recession for next year. Do you guys think this is the reason? That he has a huge cash position, and is trying to influence a sell off so that he can get in?
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Nah, too hard
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