Hedge Funds

Bridgewater’s Ray Dalio says ‘the world has gone mad’

Founder of world’s biggest hedge fund says there is now too much money chasing dreams

Ray Dalio — founder of the world’s largest hedge fund — is sounding the alarm about the state of the global economy.

In a blog post titled The World Has Gone Mad and the System Is Broken, he argues that zero interest rates, low returns, and growing economic inequality are setting the world up for something bad.

WSJ Logo