Ray Dalio On Why Investors Shouldn’t Fear Potential Rate Hike, And Why Quantitative Easing Is Bound For A Comeback

In his interview fwith Bloomberg, Dalio was asked to comment on Bridgewater’s performance so far this year. While his “Pure Alpha” hedge fund strategy, which accounts for the biggest share of his portfolio, is up by roughly 6%, the long term “All Weather” strategy has managed the same performance, only in the wrong direction. The setback has not generated sleepless nights for Dalio, who believes such a modest contraction is tolerable. August “was a lousy month” for Bridgewater, as the markets were thrown into turmoil amid mounting fears of a Chinese economic slowdown. He remains upbeat and is sure “China is going to be just fine“, albeit weaker.

In its latest 13F filing, Bridgewater Associates revealed that Apple Inc. (NASDAQ:AAPL) was its biggest equity position, though reduced by 28% during the second quarter to 531,497 shares valued at more than $66.6 million. Bridgewater also revealed a significant, 115% increase to its holding of Suncor Energy Inc. (USA)(NYSE:SU), to 849,800 shares. Dalio & Co. also boosted their investment in Centurylink Inc (NYSE:CTL) by 125% to amass 685,511 shares valued at more than $20 million.

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