Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
Ray Dalio for those who don’t know is the top dog at the largest (and one of the more impressive) hedge funds in the world. He used to not make any media appearances but after a lot of leaking of ‘strange happenings’ inside the firm, has been more public the last two years. Last time we heard from him in September he was relatively dour on things, but people are taking his message today to be more fruitful. Below is a two part interview from Davos where all the important people of the world are gathering to decide our fate.
Part 1
[Jan 3, 2012: Bridgewater’s Views Still Gloomy on 2012]
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Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog