A pretty interesting video with the owner of the largest hedge fund in the world, Ray Dailo of Bridgewater Associates. This corroborates a lot of historical precedence, I highly recommend reading “Lords of Finance” for perspective.
How the Economic Machine Works
Really enjoyable story and very pertinent to trading. I feel I’ve been played by him in one of my positions recently.
Investor and speculator, I was curious about his returns after multiple mentions in a book I’m reading. Concentrated portfolio with long term holding and riding out large volatility.
Pay a consultant to interview your own people to tell you what they’ve been telling you for years…in a nice power point.
http://dealbook.nytimes.com/2013/09/02/in-a-new-book-mckinsey-co-isnt-all-roses/
