Published by
Benzinga
Benzinga
Ray Dalio, the billionaire hedge fund investor and founder of Bridgewater Associates LP, has taken a bold stance against the conventional wisdom of owning bonds. In an interview with Bloomberg during the 10th Milken Institute Asia Summit in Singapore, he declared his aversion to debt, bonds, and their ilk. Instead, he’s betting big on something that might raise more than a few eyebrows in the current financial landscape: cold, hard cash. Cash Is King Dalio’s reluctance to embrace bonds underscores the growing complexity that investors face as global central banks grapple with the specter of in…
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