The Better Way to Follow This Hedge Fund Giant’s Gold Advice
When Ray Dalio talks, Wall Street listens. That's because he helped to build Bridgewater Associates into one of the largest and most successful hedge fund companies in the world. Today he's telling the world that change is in the air, and that gold will be an important asset to own. Here's why he's making this very public call -- and the best way for you to follow his advice.
Dalio's view of the world is generally built around what he calls paradigms. Effectively, these are long periods of time when things work in a similar way. This recognition can be both good and bad. It's good when an individual investor can identify a paradigm early on and ride it while it plays out; it's bad when more and more investors catch on to the paradigm and incorrectly extrapolate the current market environment out to the indefinite future.
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