Money and Finance
Ray Dalio quote (the holy grail of investing)
From Maneet Ahuja's book,
The Alpha Masters:
Dalio says if you have 15 or more good, uncorrelated bets, you will improve your return to risk ratio by a factor of five. He calls this the holy grail of investing. “If you can do this thing successfully, you will make a fortune,” he says. “You’ll get the pot of gold at the end of the rainbow.”
-
Ray Dalio Quote
“There is nothing to fear from truth. Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.” –Ray Dalio (as quoted by Maneet Ahuja in The Alpha Masters)
...
-
Ray Dalio On Diversification
From Chapter 1 of The Alpha Masters by Maneet Ahuja:Dalio estimates that if the firm can make money on 60 to 65 percent of its bets in any given year, the odds are very high that the fund will meet its return targets. In 2010, as the D-process continued...
-
Ray Dalio Quote (learn From History)
“If you’re limiting yourself to what you experienced, you are going to be in trouble. . . . I studied the Great Depression. I studied the Weimar Republic. I studied important events that didn’t happen to me.” -Ray Dalio (as quoted by Maneet Ahuja...
-
‘wall Street Maneet’ Ahuja, 27-year-old Squawk Box Producer, Has Ways Of Making Them Talk
There’s a book party at Tao next week, but its guest list looks more like a Davos reunion. Among the yeses: ex-Chairman of the Fed Alan Greenspan, Nobelist Joseph Stiglitz, Pershing Square boss Bill Ackman, and Financial Times editor Gillian Tett. Assuming...
-
Bridgewater’s Dalio On Europe, Economy, Strategy (video)
Found via The Big Picture. Ray Dalio, founder of Bridgewater Associates LP, discusses the European debt crisis, investment strategy and the global economy. He speaks with Erik Schatzker at the Bloomberg Markets 50 Summit in New York......Quote from talk:...
Money and Finance