#ray-dalio

#ray-dalio

Hedge fund manager Ray Dalio has joined the list of billionaires backing President Donald Trump's new plan to give $1,000 to every child born in the next three years. Dalio, the founder of Bridgewater Associates, and his wife, Barbara, will donate $250 to about 300,000 children in Connecticut who live in zip codes where the median family income is $150,000 or less, Dalio Philanthropies said in a press release.

The bot is trained on a range of materials, including Dalio's books and public speeches. The hedge fund titan has described it as the natural extension of the computing partners he developed decades ago at the company he founded. It "is consistent with my current main goal in life, which is to pass along what I have that can be valuable to others," he has said.

Billionaire investor Ray Dalio, founder of Bridgewater Associates, reiterated his cautious stance on Bitcoin this week, revealing that he holds only a small fraction of the cryptocurrency in his portfolio. Speaking on CNBC's Squawk Box, Dalio said, "I have a small percentage of Bitcoin... I've had it forever, like 1% of my portfolios," underscoring his committed and limited exposure to the asset.

I asked Bridgewater founder Ray Dalio yesterday if he would want a digital twin of his late mother to talk to. He shook his head: "I don't know how it would affect the grieving process or my memory of her. I just don't know." We had just come off stage at the Fortune Global Forum in Riyadh after a wide-ranging conversation about investing, the global economy and the principals behind how he's building a " Digital Ray."

Many exporters to the United States and importers from other countries that trade with the US are saying they have to greatly reduce their dealings with the United States, recognizing that whatever happens with tariffs, these problems won't go away.