Buy Gold, Says the Chairman of World's Largest Hedge Fund
Ray Dalio is the founder, chairman, and chief investment officer of Bridgewater Associates. It's the world's largest hedge fund, with $150 billion in assets under management.
This is a guy who knows a thing or two about investing. And his specialty is macroeconomic investing -- reading the global economic and political tea leaves, and then placing bets on how they will influence financial markets.
Dalio has joined a growing chorus of highly esteemed investors who have begun issuing warnings about asset markets, the stock market obviously being one of them.
Source: Fool.com