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Why the World’s Largest Hedge Fund Founder Is Bullish on Gold | The Mesh Report

Why the World’s Largest Hedge Fund Founder Is Bullish on Gold

Mike Hammer July 26, 2019 Comments Off on Why the World’s Largest Hedge Fund Founder Is Bullish on Gold

As you probably know, Dalio’s firm Bridgewater Associates, was one of the few that did well during the last big market crash, in 2008-09.

In 2008 he published a paper titled “How the Economic Machine Works: A Template for Understanding What is Happening Now” which looked at the potentials for selected economies by criteria he found important.

Echoing the name of that paper, what happened next followed the script Dalio outlined very closely and many of Dalio’s clients actually profited from the decline, securing Bridgewater’s reputation was secured.

In 2018 Bridgewater had $124.7 billion USD under management, down from earlier highs but still very respectable.

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