“Ray Dalio who runs the world’s biggest hedge fund at Bridgewater Associates, said a few weeks ago at Davos that 2013 would be the year when large amounts of cash moved into markets, and that investors should position for price appreciation in risky assets.
Today, Bloomberg’s Kelly Bit has details from one of the secretive firm’s recent client conference calls, which fleshes out the firm’s bullish thesis in a bit more detail.
Bit says that on the call, Bridgewater co-CIO Bob Prince told clients, “You want to be borrowing cash and hold almost anything against it.” …”
If you enjoy the content at iBankCoin, please follow us on Twitter
