Jan
17
Twilight Of Western Civilization, Being Wrong About Stuff Working Out Pretty Well For Ray Dalio
ByIn spite of the unwashed masses and its leader’s errors, Bridgewater Associates did pretty well last year. And that means Ray Dalio, who delights in making mistakes like no other, did pretty well, too.
The 2018 return not only marked the strategy’s best performance since 2011: It also resulted in a mega-payday for Dalio, who personally netted a cool $2 billion, according to preliminary estimates from Institutional Investor…
The estimated $2 billion Dalio appears to have earned last year works out to about $5.5 million per day — or $228,310 per hour if he worked 24/7 without sleep…
Twilight Of Western Civilization, Being Wrong About Stuff Working Out Pretty Well For Ray Dalio
