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28

Ray Dalio on the Limits of Capitalism?

By Tony Seruga

Catherine Clifford of CNBC reports, Hedge fund billionaire Ray Dalio: ‘Capitalism basically is not working for the majority of people’:

With just over $18 billion to his name, capitalism has been good to Ray Dalio: He started his hedge fund, Bridgewater Associates, out of a two-bedroom New York City apartment in 1975 and it now manages $160 billion in assets and is the largest hedge fund in the world, according to Forbes.

Quite literally, Dalio has built a fortune thanks to capitalism. But he’s also keenly aware that it is a deeply flawed system…

Ray Dalio on the Limits of Capitalism?

Categories : Private Equity

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