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BIZARRE: 10 | Mind Blowing Facts

Carl Icahn thought the inflation of 2022 was just like the fall of the Roman Empire. He's not the only billionaire with ancient Rome on the mind

A TikTok with over 1 billion views argues that men think about the Roman empire a lot—and gloomy billionaires are no exception.

Fortune

Billionaire investor Ray Dalio says the AI transformation could create a 3-day workweek. ‘We’re ‘going through a time warp’

The Bridgewater Associates founder outlined how he would prepare his own portfolio for the “mind blowing” potential of AI.

Fortune

Billionaire Ray Dalio says India’s moon landing is another sign of its ‘ascendence’—and predicts stellar growth for its economy

Dalio praised India and described its successful lunar mission as “another one of many straws in the wind showing its ascendence.”

Fortune

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Legendary investor Ray Dalio says China is due a debt shake-up

"China is overdue in doing this, so in my opinion, it needs to follow this beautiful deleveraging process now."

Fortune

Billionaire Ray Dalio says the $73 trillion great wealth transfer isn’t just from boomers to millennials—it’s from the government to you and me

“The household sector’s balance sheets and income statements are in good shape, while the government’s are in bad shape,” Dalio wrote on LinkedIn.

Fortune

Billionaire investor Ray Dalio says the Fed’s measures haven’t slowed consumers down

"The household sector’s balance sheets and income statements are in good shape, while the government’s are in bad shape."

Fortune

Billionaire investor Ray Dalio warns leaders not to make this one mistake

There’s a certain approach to management that “hurts everyone in the long run,” according to the Bridgewater Associates founder.

Fortune

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A.I. bull at the world’s biggest hedge fund warns about chatbots making 'awful' stock picks

Bridgewater Associates co-CIO Greg Jensen warned market participants against using large language models like ChatGPT to trade equities.

Fortune

Global money flocks to India as PM Modi hobnobs with Elon Musk, Ray Dalio

WASHINGTON: Indian Prime Minister Narendra Modi’s trip to the US couldn’t have come at a better time. A buzzing economy, equity benchmarks at record highs and a rapidly growing consumer market all make for a great advertisement as he pitches the country’s potential to American corporate executives and investors.

The Times of India

PM Modi meets ‘thought leaders’ in New York

PM Modi met leading American economist Prof. Paul Romer, investor and co-founder of hedge fund Bridgewater Associates, Ray Dalio, and other eminent thought leaders and exchanged views and briefed them about the reform trajectory of his government to foster economic growth

The Hindu

As A.I. stocks soar, here’s what top investors like Ray Dalio, Dawn Fitzpatrick, and Stan Druckenmiller think of their prospects

"I'm extremely excited. I think that this is a the greatest revolution—bigger than the internet revolution," said famed investor Dalio, who founded Bridgewater Associates.

Fortune

Billionaire investor Ray Dalio says U.S. is facing a big-cycle debt crisis

The Bridgewater Associates founder said the American economy was facing a “risky situation.”

Fortune

Legendary investor Ray Dalio shares his top tips for new grads as they 'enter the real world'

The billionaire Bridgewater Associates founder handed out some advice for those with “adventure ahead.”

Fortune

China's return to global stage checked by national security focus

(This May 8 story has been corrected to change Alfred Wu's title to associate professor, not associate dean, in paragraph 5)

Reuters

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Daily Mirror

US and China are on the brink of war and red lines will be crossed - warns billionaire

Billionaire Ray Dalio said the key flashpoints that could escalate tensions are disputes over Taiwan, confrontations between US and Chinese ships and planes, the war in Ukraine, and threats of economic sanctions

Fortune

Ray Dalio: U.S. and China are ‘on the brink of going to war’

The billionaire investor said the two countries are using sanctions and their armies to push the other across the “red line” of launching an actual war.

Fortune

ChatGPT asked the founder of the world’s largest hedge fund for his best investing tip. This was his response

Ray Dalio has taken on a new role as an educator after releasing control of Bridgewater Associates. And he dished out some classic investing advice to ChatGPT over the weekend.

Bangkok Post

Chinese Foreign Minister Qin Gang assures US business leaders of Beijing's support

China remains committed to a "healthy, stable and constructive" relationship with the US amid still "chilly" bilateral ties, Chinese Foreign Minister Qin Gang told visiting American business leaders on Saturday.

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Fortune

Billionaire investor Ray Dalio says the U.S. debt limit is a farce, and 'works like a bunch of alcoholics who write laws to enforce drinking limits'

While the Congress scrambles to reach an agreement on the debt ceiling, billionaire investor Ray Dalio writes that "there is no debt limit."

Fortune

Ray Dalio and James Cameron sink cash into a company making submarines for the uber-rich

The firm’s submersible vehicles cost up to $40 million.

Fortune

Ray Dalio says Europeans have a ‘lower than average work ethic’ that’s making the euro zone a declining power

Dalio said the eurozone "appears to be a strong power in gradual decline."

Fortune

Ray Dalio: Blindspots can be ‘terribly costly’ and lead to poor decisions

In an excerpt from his latest book, Ray Dalio explains why it’s easy to miss the differences in how our brain works, which leaves room for blind spots and bad decisions.

Benzinga

World's Largest Hedge Fund Saw 32% Returns First Half Of 2022 — Check Out 3 Dividend Stocks Recently Purchased

Bridgewater Associates was founded in 1975 and has over $223 billion in assets under management, making it one of the world’s largest hedge funds.

Bangkok Post

Singapore’s reopening boom draws big money and bubble fears

Earlier this month, a record 302,000 people attended Singapore’s first Formula 1 car race in three years. Some forked out $900 for a grandstand seat for three days, while others booked hotel suites overlooking the Marina Bay track for as much as $10,000. Nightclub tables were fetching up to $70,000…

The Independent UK

'Unvarnished' bio of Ray Dalio scheduled for next fall

An “unauthorized, unvarnished” biography of billionaire hedge-fund manager Ray Dalio will be published next fall

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