
A warning from one of America's leading hedge fund figures: ordinary savers should stop chasing big returns. Instead, they are advised to move towards safer investment options. Inflation-protected government debt offers a more stable path forward. The race to outsmart the market often ends badly for everyday households.
Ray Dalio, founder of Bridgewater Associates and estimated to be worth around $15.4 billion (£11.5 billion), shared his top investment recommendation for everyday Americans during an interview with Carlyle Group co-founder David Rubenstein on Bloomberg Television's The David Rubenstein Show: Peer to Peer Conversations.