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Ray Dalio Not Investing In Debt Assets, La Repubblica Reports

Ray Dalio said he’s not investing in debt assets and steering clear of countries at risk of domestic strife or international war.

The billionaire hedge fund founder said in an interview with Italian newspaper La Repubblica that he is instead buying assets offering protection against inflation. Dalio, the co-chief investment officer of Bridgewater Associates LP, is also focusing on countries in good economic health and politically stable.