Why billionaire investor Ray Dalio hates cash and bonds, and says the election won’t change his view on the economy

2020-10-28

  Ray Dalio, the founder, chairman and co-chief investment officer of the world’s largest hedge fund firm, Bridgewater Associates, has had a rough 2020. Bridgewater’s flagship fund has been deeply negative, even as rival hedge funds managed to outperform the market, particularly during the initial turmoil from the coronavirus pandemic.Read More →

Man who made a killing during financial crisis says that, at some point, the stock market will slow down — but, till then, ‘I love riding a horse that’s running’

2020-01-17

‘I love riding a horse that’s running.’ David Tepper tells CNBC Perhaps, cribbing from the lyrics to the viral song “Old Town Road”, David Tepper is going to take his horse and ride till he can’t no more. That is essentially the sentiment conveyed by the founder of hedge fundRead More →

Jim Chanos on Tesla: ‘We are still bears’

2019-11-21

A rumor that famed short seller Jim Chanos of Kynikos Associates has covered his shorts on Tesla Inc. is greatly exaggerated. It is, in fact, plain wrong. In an hour-long interview aired Thursday with folks at Hedgeye Risk Management (here’s the webcast), Chanos dispelled the rumor: ‘Tesla is and remainsRead More →