Re: manna for catastrophists

Willy Greenfields wrote:

Bridgewater’s Ray Dalio is a seriously smart guy, and organization’s at least as impressive. He basically demands that everybody challenge everybody’s ideas at every step. That doctrinaire Pimco mindset is totally absent. I’d listen to anything he’s got to say.

Yup. I used to talk with him now & then and was always impressed. They do serious long-term work, which is really unusual in this game (cf. Ed Hyman).

Doug

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