Beware of robber banks (RB), bad advisors.
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The head of the world's largest hedge fund explains how he learned to invest
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)
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