‘Don’t sell just because there’s a bubble,’ says Ray Dalio, but be prepared for low returns over the next 10 years

Analysts might argue you can’t have a bubble without a burst. With markets nearing correction territory, some investors might be wondering if the time to sell is nigh—but hedge fund founder Ray Dalio believes there’s no need to panic just yet. The founder of Bridgewater Associates agrees with the general consensus that stocks are in some form of a bubble right now, arguing there are vulnerabilities in the economy. But that doesn’t mean it’s time to exit the play, he added. “Don’t sell just because there’ ...