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Re:Ray Dalio ran Bridgewater like the global strongmen he ad... by keep_reading on Monday November 13, 2023 @11:54AM (#38252293)
Ray Dalio may be a slimeball, but he's not wrong about macroeconomics. Someone wants you to not like him and not listen to his advice.
Re:Ray Dalio ran Bridgewater like the global strongmen he ad... by beebmam on Monday November 13, 2023 @12:04PM (#38252405)
This is easy to rebut. He is wrong about macroeconomics. But that's because every macroeconomic theory is wrong by design.

It is impossible to come up with a macroeconomic model that perfectly describes reality because economic realities are far too complex to be modelled. That doesn't mean there is zero truth or value to these models, but it means they are certainly wrong, and that is is healthy to approach all macroeconomic analysis with a critical mind.

Re:Ray Dalio ran Bridgewater like the global strongmen he ad... by toomuchtodo on Monday November 13, 2023 @12:06PM (#38252426)
And some emotional models attempt/desire to attribute skill to what was luck, converting that to status. If you’re wealthy, what else do you have left to chase? You can't buy it, but the money helps (Michael Bloomberg spent $900M attempting to become POTUS and still failed, for example).
Re:Ray Dalio ran Bridgewater like the global strongmen he ad... by keep_reading on Monday November 13, 2023 @05:51PM (#38256473)
You're correct, it is impossible to design a model which is why we need to kill the central banks as they think they do have a model that is trustworthy.
Re:Ray Dalio ran Bridgewater like the global strongmen he ad... by jackcosgrove on Monday November 13, 2023 @12:10PM (#38252480)
I tried to understand his money pump model, but could not. On the other hand I can better understand neoclassical macroeconomic models. Maybe Ray's model is going over my head, but at this point I would trust what is taught in the textbooks rather than what Dalio says whenever the two diverge.
Re:Ray Dalio ran Bridgewater like the global strongmen he ad... by piva00 on Monday November 13, 2023 @11:59AM (#38252338)
Or someone just wants to tell the world he's a fucking slimeball. It doesn't need a larger conspiracy, sometimes just selling a compelling story can be enough.
Re:Ray Dalio ran Bridgewater like the global strongmen he ad... by cko on Monday November 13, 2023 @02:21PM (#38254067)
Here's a rebuttal of his analysis on China, for example:

https://www.youtube.com/watch?v=s1iv0q_SW3E

Re:Ray Dalio ran Bridgewater like the global strongmen he ad... by rurp on Monday November 13, 2023 @05:07PM (#38256041)
There's no need for conspiracy theories when there's a clear and mundane explanation. The PR push for a new book generated a lot of interest which has resulted in a number of articles and conversations. That's it. At some point the cycle will move on and attention on Dalio will settle back near the level it was at a year ago.