to them the founder of world's largest hedge fund says cash is trash as the dow soars to records ray dally who says world economic forum 2020 investor should be buying this market rather than seeking safety in cash that's it right dahlia says yes ok should be pointed out that rebel yell almost lost money last year he was open to one quarter of one percent of generating a losing year his expertise as a money manager is in question so i'm not sure why anyone would listen to raid elio for the 1st point i'd like to make 2nd of all if he thinks cash is trash. then why is warren buffett 120000000000 in cash i come form buffett putting up money to work so but warren buffett has a track record that is called vastly superior to ray ballio so i i don't understand why he thinks we're interested in this thoughts he's obviously trying to justify his low returns last year the nasdaq was up 40 percent the stock markets were up in general about 25 percent he himself his is investors only received 0.25 percent i don't know if that even covers all the fees they have to pay him and his crew but he lost money

to that the founder of world's largest hedge fund says cash is trash as the dow soars to records ray dally who says world economic forum 2020 investor should be buying this market rather than seeking safety in cash that's it.

to that the founder of world's largest hedge fund says cash is trash as the dow soars to records ray dally who says world economic forum 2020 investor should be buying this market rather than seeking safety in cash that's it right dahlia says yes ok should be pointed out that rebel yell almost lost money last year he was referring to one quarter of one percent of generating a losing year his expertise as a money manager is in question so i'm not sure why anyone would listen to raise.

to that the founder of world's largest hedge fund says cash is trash as the dow soars to records ray dally who says world economic forum 2020 investor should be buying this market rather than seeking safety in cash that's it right dahlia says yes ok should be pointed out that rebel yell almost lost money last year he was referring to one quarter of one percent of generating a losing year his expertise as a money manager is in question so i'm not sure why anyone would listen to raid elio for the 1st point i'd like to make 2nd of all if he thinks cash is trash. then why's warren buffett got 120000000000 in cash coming form buffett putting the money to work so but warren buffett has a track record is vastly superior to ray ballio so i i don't understand why he thinks we're interested in this thoughts he's obviously trying to justify his low returns last year the nasdaq was up 40 percent the stock markets were up in general about 25 percent he himself his is investors only received 0.25 percent i don't know if that even covers all the fees they have to pay him and his crew but he lost money bu

last year this is he almost underperform negative yielding bones maybe he is the hedge fund because ray dally of course is worth like $10000000000.00 listen connecticut has bridgewater capital capital which has tens of billions under management maybe he's the hedge fund that the repo market is bell yeah nobody knows why the fed is intervening in the repo market they did suggest while davus was going on that they might actually start lending cash directly to hedge funds maybe he's he's the guy maybe that's the quid pro quo for him that's why he's up there saying don't fight the fed people don't do it i did my last you know like maybe he's up there now championing the fed telling people to get into this market at all time highs and you know he's changed his tune well he wrote a book because last year called principles and in this book the list like a 100 or 150 of his principles of how he became so successful as a money manager. yielding virtually 0 results and so i think the 1st principle anyone should understand when talking about rate ballio is don't listen to rate ballio that's principle nu

but we could pick somebody in the hedge fund business here in the united states ray dally oh people like that even warren buffett are beginning to recognize that we are living this inequality this capitalism unchanged goal over the edge we're killing the old the famous story of the goose that lays the golden eggs we're not limiting this so that there is enough of a community sharing that we're not going to blow each other up and i think you see the signs everywhere the growth in the united states of the young people who are polian in answering questions they don't like capitalism they've turned against the system they're becoming interested in socialism as you can see with bernie sanders or alexander cortez those kinds of people with what they say are attracting more and more i'm a professor i talk to students who say to me the course of a conversation capitalism isn't working for me it works for the rich people but i've got too many debts i can't get married i can't afford a home i can't. here this system tells me it's the greatest system but i can't do what my parents were able to do t

genesee folks are going to have to act they are acting and ray dally oh billionaire hedge fund manager out of connecticut he f. course has also ended the year of $21000.00 with many many warnings that the pitchforks are coming he sees the obvious he's talking like a hedge fund or he's not being creating you know he's not screaming like leon cooperman he's not going on television and crying and saying they're going to take my money he's just saying i see what's coming is fascism and communism this always happens every time the wealth and income gaps like this and like it was in the 1000 and in 1000 twenty's thirty's and see what's coming so he sees what's coming the uprisings around the world were reported by gary young in the guardian he said something interesting which i think sets us up for 2020 he said and so the decade ended as it started with demands for systemic change of course it started after the financial collapse and all those uprisings that we saw in 20102011 led primarily by the young and hundreds of thousands in the streets of chile hong kong indonesia haiti peru's sudan