Raymond Dalio is an American billionaire investor and hedge fund manager, who has served as co-chief investment officer of the world's largest hedge fund, Bridgewater Associates, since 1985. He founded Bridgewater in 1975 in New York. A $5 million investment from the World Bank's retirement fund was made within five years. His innovations are regarded as some of the best in the industry, having popularized many commonly used practices, such as risk parity, currency overlay, portable alpha and global inflation-indexed bond management.
In summary, if we look at the key takeaways here, I’d say:
1. China's long-term growth trends are still very much intact (even in capital markets). There is still a big opportunity there even with the largest companies.
2. A lot of the recent news out of China has been misinterpreted and its aims pretty much misunderstood by investors.
3. There are definitely risks that exist in China, BUT they are not catastrophic and you need to assume such ‘risks’ could and will happen, so invest accordingly and then lastly I’d say:
4. That time has shown that periods of peak pessimism and uncertainty have in fact been the best times to invest. Given that you have a medium to long-term investment horizon.
00:00:00 - Introduction
00:02:10 - Thoughts
00:10:51 - Time to Invest
#investingforbeginners #investing #personalfinance #raydalio #yearlyinvestor
