Hedge Funds

Ray Dalio explains how to hedge risk amid the coronavirus scare

Bridgewater founder says fears over the spread of th virus have triggered a 'flight-to-quality market action'

Ray Dalio, billionaire and founder of Bridgewater Associates
Ray Dalio, billionaire and founder of Bridgewater Associates Photo: Getty Images

“When you don’t know, the best investment strategy is to be smartly diversified across geographic locations, across asset classes, and across currencies.”

That’s how Ray Dalio, founder of hedge fund behemoth Bridgewater Associates, said he is approaching the stock market in light of the coronavirus outbreak, according to his latest LinkedIn post.

WSJ Logo