Markets Magazine
Dalio Returns 25% With Diversified Bets as Markets Convulse
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Bridgewater Associates LP founder Ray Dalio can rattle off the investing fads he’s witnessed since he began trading as a 12-year-old golf caddie: the Nifty-50 stock craze of the 1970s, the 1980 gold bubble and even the 60-40 stock-to-bond mix.
“Manias occur when there is group thinking,” Dalio says.