Comment on The Changing World OrderComments−dehrmann6yWorth mentioning Pure Alpha was down 20% in Q1. Someone else observed Ray Dalio has been too busy building his brand as a financial sage (cough cough) and either not keeping his eyes on the road or he just got lucky in 2008.https://www.bloomberg.com/news/articles/2020-04-03/bridgewat...−astrofinch6yDalio admits in this that he didn't see the pandemic coming.−icelancer6y...or he didn't plan for the pandemic and got wiped out like most everyone else? It doesn't have to be Ray's fault for not being prescient.
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Worth mentioning Pure Alpha was down 20% in Q1. Someone else observed Ray Dalio has been too busy building his brand as a financial sage (cough cough) and either not keeping his eyes on the road or he just got lucky in 2008.
https://www.bloomberg.com/news/articles/2020-04-03/bridgewat...
Dalio admits in this that he didn't see the pandemic coming.
...or he didn't plan for the pandemic and got wiped out like most everyone else? It doesn't have to be Ray's fault for not being prescient.