Ray Dalio warns of very dark times ahead — but has 1 big move to ‘dramatically’ cut risk without losing gains

“I learned how to diversify my bets so that I could dramatically reduce my risk without reducing my returns,” he said. “Following those principles took me to the biggest hedge fund in the world, the most successful and so on.”For investors, Dalio’s outlook is sobering: mounting debt, widening political divides and a high-stakes rivalry with China. But he also offered a simple way to guard against those risks — the very principle that helped him build the world’s largest hedge fund.His message seems to have ...