1 Big Tech Stock That Billionaire Ray Dalio's Hedge Fund Is Selling, and the Stock It's Buying Instead
Ray Dalio is one of the most successful hedge fund managers in history. His Bridgewater Associates is the largest hedge fund in the world, and his personal net worth is in excess of $15 billion.
While he stepped down as chief investment officer for the fund last year, his principles are still the basis for the investments that fund managers at the company use to make trades. His investment strategy involves following macroeconomic trends and finding businesses and other investments that can capitalize on those trends.
It also focuses on stock valuation, taking profits on fully priced stocks and reinvesting them into undervalued stocks.
Source Fool.com
