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Pershing Debuts Hedge Fund Aimed At US Retail Investors (Newsmax.
Ray Dalio is the founder and former CEO of Bridgewater Associates, the world's largest hedge fund, with nearly $125 billion in total assets under management. With a net worth of over $15 billion, Dalio is one of the most successful investors of all time. He's known for his strategic bets navigating the markets during times of macroeconomic uncertainty. Dalio delivered a 9% profit during the 2008 financial crisis when stocks were down by nearly 37%. Dalio claims his success lies in timing the mar