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The hedge fund king

Ray Dalio talks about his approach to investing, and his life philosophy.

Published Thu, Oct 9, 2014 · 09:50 PM

IN 1994, the Government of Singapore Investment Corporation (GIC) recruited a small and little-known hedge fund in the US called Bridgewater Associates as one of its external fund managers. Led by a maverick founder named Ray Dalio, Bridgewater had a staff of 39, an unorthodox approach to investing and a corporate culture that was considered unconventional and even bizarre.

Fast forward to the present. Last month, Bridgewater and G…

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