Billionaire Ray Dalio on predicting the Great Recession
Billionaire hedge fund manager and founder of Bridgewater Associates Ray Dalio pays close attention to history. The things that may come as a surprise have probably happened before. Dalio discusses how he and his team predicted the Great Recession in 2008 and warned the White House and the Federal Reserve. Bridgewater "missed" the pandemic, though, Dalio said. The company has since recovered and is finding unique ways to work during COVID-19.
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