The head of the world's largest hedge fund explains how he learned to invest

The head of the world's largest hedge fund explains how he learned to invest

From businessinsider.com

Bridgewater Associates founder and co-CIO Ray Dalio is as well known for his remarkable investing career as he is for his unusual approach to management. To him, both are intertwined. In an interview with Business Insider's global editor in chief Henry Blodget on "The Bottom Line," BI's new weekly business show, Dalio laid out the fundamental investment philosophy that led to Bridgewater's becoming the world's largest hedge fund in 2005. It's maintained that position ever since, and as of mid-year 2016 managed $103 billion in hedge find assets with $150 billion in total assets under management, according to HFI. Not ... (full story)

Comments
Comment
Subscribe

Comment #1
Quote
Apr 9, 2017 5:21pm Apr 9, 2017 5:21pm

Not-KPMG
Joined Jun 2015 | Status: Member | 7592 Comments

Grow a network of friends?!?
Bribe imformers???

Can't be bothered to read... so guessing.
:/

Beware of robber banks (RB), bad advisors.

Der Trader All Time Pips: 52,970

Comment #2
Quote
Apr 9, 2017 7:31pm Apr 9, 2017 7:31pm

Guest
| IP XXX.X.116.130

"Because you know the same things happen over and over again," Dalio told Blodget. "The same things happen over and over again in the markets — everything that we've been through, every cycle. Everything has happened in the past. The same thing happened over and over again in politics. Same things happen over and over again in our lives."

If you can recognize this and have a way of anticipating recurring behavior — whether it's in markets or in people — Dalio said, "that's an effective way of approaching the game that you're playing."

Comment #3
Quote
Apr 9, 2017 7:32pm Apr 9, 2017 7:32pm

Price
Joined Sep 2007 | Status: Member | 172 Comments

He actually turned every mistake into a rule....
He recognized the power of diversification.....
And then automated his process.

Comment #4
Quote
Apr 9, 2017 10:28pm Apr 9, 2017 10:28pm

Pip-Miner
Joined Nov 2015 | Status: I'm hungry | 75 Comments

Quoting Price

Disliked

He actually turned every mistake into a rule.... He recognized the power of diversification..... And then automated his process.

Ignored

Yes, not that easy at all. Added diversification to the trading plan. The automated part took me 6 months get stabilised with continuous improvement from testing and live trading.Some issues only found in live . Very inspirational article.

Comment #5
Quote
Apr 9, 2017 10:40pm Apr 9, 2017 10:40pm

cyguy
| Joined Dec 2014 | Status: Crazy prospector | 54 Comments

the key now a days is to have the fastest connection in HFT, you don't even need to know anything about the market if you can skip everyone and buy and sell to the next person in a millisecond..