Ray Dalio, founder of Bridgewater Associates LP, discusses the European debt crisis, investment strategy and the global economy. He speaks with Erik Schatzker at the Bloomberg Markets 50 Summit in New York.
Quote from talk: “If you have 15 or more good (not great), uncorrelated return streams…you’ll improve your return to your risk by a factor of 5.”
………………..Related previous post: Dalio Returns 25% This Year on Diversified Bets Even as Markets Convulse
Related link: A Template for Understanding What’s Going On