Home / Market News / The Tell: Ray Dalio was mocked for his ‘blowoff rally’ call last year, but nobody’s laughing at Bridgewater’s performance in 2018

The Tell: Ray Dalio was mocked for his ‘blowoff rally’ call last year, but nobody’s laughing at Bridgewater’s performance in 2018

If you thought Bridgewater’s Ray Dalio sounded stupid for saying in early 2018 that you’d feel “pretty stupid” for holding cash, you might really feel stupid after seeing how his fund fared in the face of an extremely tough year for the industry.


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