Through Dalio’s Transparency, Darkly
Through Dalio’s Transparency, Darkly Bridgewater's founder ties success of his hedge fund to more than 200 principles Principles by Ray Dalio Simon & Schuster, 592 pages, $30 Reviewed by Burton G. Malkiel RAY DALIO IS THE BILLIONAIRE FOUNDER OF Bridgewater Associates, the world's large...
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Published in | Barron's Vol. 97; no. 46; p. 37 |
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Main Author | |
Format | Book Review |
Language | English |
Published |
New York, N.Y
Dow Jones & Company Inc
13.11.2017
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Subjects | |
Online Access | Get full text |
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Summary: | Through Dalio’s Transparency, Darkly Bridgewater's founder ties success of his hedge fund to more than 200 principles Principles by Ray Dalio Simon & Schuster, 592 pages, $30 Reviewed by Burton G. Malkiel RAY DALIO IS THE BILLIONAIRE FOUNDER OF Bridgewater Associates, the world's largest and most successful purveyor of hedge funds. [...]once the U.S. economy recovered from the recession of 1981-82, a sustained period of robust growth followed. [...]use leverage (borrowed capital or financial instruments) wisely to enhance the rate of return on the safer assets so that they contribute as much to the overall portfolio return as do the riskier assets. |
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ISSN: | 1077-8039 |