Ray Dalio founded what is now the world’s largest hedge fund, Bridgewater, from his bedroom in 1975 with just a handful of employees.
Bridgewater’s success is mostly attributable to its unique offering. From the very beginning, the firm has offered something difficult to find elsewhere - uncorrelated return streams from non-traditional assets.
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According to Dalio, this was the goal from the outset. On the Value Investing with Legends Podcast, a Heilbrunn Center for Graham &...