April 27, 2015
Ray Dalio who is the founder and manager of the biggest hedge fund in the world, Bridgewater Associates, shared that he likes the Chinese economy long-term for its great potential. Daily shared during Sunday interview at CNN that: “I am impressed with the leadership of the the country,” “There’s a lot of potential. Capital has not flowed to all parts of the economy.” He also stated that he is an optimist when it comes to US productivity even-though the US is the largest debtor in the history of the world and it is a negative. Read more: http://www.octafinance.com/ray-dalio-likes-chinas-potential-long-term-and-is-optimistic-on-us-productivity/32638/ Ray Dalio is an American businessman and founder of Bridgewater Associates. Bridgewater Associates has since attracted many clients including pension funds and is currently (as of January 2012) the largest hedge fund in the world with nearly $120 billion under management.