雷达牛的赌注

下面这段文字是来自媒体关于雷达牛（Ray Dalio)的报道。

His top fund, Pure Alpha, has slumped even as the stock market has soared. The fund lost 6% this year through August 23, Bloomberg reported, driven by bearish bets on global interest rates. Pure Alpha has also trailed other macro competitors, which gained about 4.7% this year through July, according to Bloomberg. 

Now, some of Asia's wealthiest people are pulling money out of the fund, Bloomberg reported. 

That's because UOB Private Bank, a large Singapore-based bank that is part of Southeast Asia's third-largest lender, recommended that clients withdraw their money from the Bridgewater fund, Chief Investment Officer Neo Teng Hwee told Bloomberg. 

The recommendation came mid-year, as Bridgewater had "not really done well for us," Neo told Bloomberg. "Previously we used to like it and it was high conviction, but now we've removed them from high conviction," he said. 

Other than the firm's weak performance, the bank considered Dalio's public comments next to his firm's investment decisions. Those didn't always line up, which was worrying, Neo told Bloomberg, although this occurs in part because the firm has different teams that run different investments. 

In November, Dalio wrote in a LinkedIn post that the "world has gone bad and the system is broken." In October, he said that the global economy is in a "great sag" and that monetary policy might prove ineffective to correct it. About a month earlier, he also likened the current political climate and economy to 1937 and said he expects a downturn in roughly two years.

读完之后颇有感触。早期，这雷达牛凭着其对市场和投资的敏感天分，大赚狂赚，拥有了自己的鸡精。

可雷达牛的赌徒心态最终还是让其扒鸡了。

投资，特别是股市投资，随时都需谨慎防范风险。

凭着智慧而敢于冒险，那叫有勇有谋，有胆识。

如一味盲目，甚至狂妄的下赌注，赌市场或全球经济萧条，从而孤注一掷，这叫股市赌博，是疯狂。

非理性的行为，最终是要付出代价的。

失败后，不加反思，却要抱怨市场系统未如期所愿，那更是癫狂，是股市里的精神病。

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• Bridgewater 2018 Return 15% -故事小声- ♂ (0 bytes) () 12/07/2019 postreply 08:48:45