3 Investing Lessons From Ray Dalio
Have you heard of Ray Dalio? Some say that he's arguably the greatest hedge-fund manager of all time. His investment-management firm, Bridgewater Associates, manages nearly $150 billion, and has historically outpaced the market.
There are a many lessons to be learned from Dalio when it comes to investing. He's largely interested in the human bias side of the equation, as well as the fundamentals of modern portfolio theory. Here are three.
Dalio was quoted as saying: "I don't get caught up in the moment. I think so many people are reactive.... They see things in a short-term way when they're right up against it."
Source Fool.com