Ray Dalio and the Economic Machine
A friend of mine sent me this and I thought it would make for some lively WSO debate. It's a bit long...but interesting to see how one of the top managers in the game thinks. Personally, I'm quite critical of a great many points and would like to get a take from my fellow monkeys. Enjoy.
Cheers for the link will read this later...
I like hedge fund guys, they usually have a good understanding of financial risk. Its too bad you never see them advising policy makers, and they're usually too realistic to be elected to public office.
If you liked that Ray Dalio doc, you will like this Kyle Bass video on soveriegn debt crisis:
http://vimeo.com/18920437
Wow guy is a genius if he came up with that; looks just like my first class in economics
doc is gone, can anyone reupload please?
It's still up on Zerohedge. http://www.zerohedge.com/news/ray-dalio-how-economic-machine-works-octo…
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