Bridgewater’s Ray Dalio said it is important for new investors to have a diversified portfolio as economic and geopolitical headwinds continue to rage on.
U.S. billionaire Ray Dalio said it is important for new investors to have a diversified portfolio as economic and geopolitical headwinds continue to rage on.
"I would like to have diversification, because what I don't know is going to be much greater than what I do know," said Dalio, founder of one of the world's largest hedge funds, Bridgewater Associates. "Pay attention to the implications of the great disruptions that are going to take place because the world will be radically different in five years. And it's going to become radically different year by year," he explained.
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