
#15: Peter Atwater: Welcome To The ’Backlash Era’
Superinvestors and the Art of Worldly Wisdom
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Ray Dalio and Risk Parity in the Broader Markets
I'm not optimistic for Ray Dalio and by association, Bridgewater and Risk Parity. I think that particularly for risk parity, it is predicated on the notion that historical correlations will continue to hold. And from what I see looking ahead in an environment of falling mood, deflation is most likely to be what we are faced with economically. So I think deflation will seriously challenge the performance of risk parity.
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