Ray Dalio never misses an opportunity to cut to the chase. On Wednesday at Davos, speaking to Kamal Ahmed, Fortune's Executive Editorial Director for the UK and Europe, he had a blunt assessment of the landscape leaders and CEOs are facing at the moment. "What always scares me is the lack of realism," among leaders, he said as he reeled off the historic economic, climate, and political threats the world is grappling with. "Will law prevail? Everyone is having to deal with that question."
Ray Dalio's Bridgewater Associates is a hedge fund with $136.5 billion in assets. Dalio is the founder of one of the largest hedge funds, and it has stood the test of time. The hedge fund makes smart moves and invests in stocks and exchange-traded funds (ETFs) that show high growth potential. This year, Ray Dalio's hedge fund is loading up on iShares Core S&P 500 (SPDR S&P 500 ETF Trust (NYSEARCA:IVV), NYSEARCA:SPY ) , and NVIDIA Corp. (NASDAQ:NVDA), as per the 13F reports.
Ray Dalio has unveiled "Digital Ray," an AI clone designed to share his decades of investing and life experience with the public. The Bridgewater Associates founder said the chatbot-currently in beta-will allow him "unlimited conversations" with users seeking coaching or mentorship. Dalio claims the model, trained on data from his work and principles, performs about 95% as well as speaking with him directly and 80% as well on markets and economics.