- Hedge fund manager Ray Dalio who runs Bridgewater Associates is one of the world’s wealthiest hedge fund managers.
- Dalio recently said the American dream “does not exist” and capitalism may collapse if leaders don’t act now.
Saloni Sardana, Business Insider
Legendary hedge fund investor Ray Dalio is renowned figure in the world of finance, but is equally famous for his views on life, investing, and much more.
The founder of Bridgewater Associates made a whopping $2 billion last year, the Institutional Investor’s annual Rich List, shows.
Dalio recently said the American dream “does not exist” right now and that if leaders don’t act the whole economic system of capitalism could collapse during the coronavirus-induced recession
Dalio said policymakers needed to take steps to make education available to all and boost incomes for low-income Americans, who have been disproportionately affected by the coronavirus pandemic.
Dalio loves a soundbite, so Markets Insider decided to round up some of his most insightful and interesting quotes. Check them out below: