As Founder Ray Dalio Warns the Market Is in a Bubble, Bridgewater Associates Just Bought CoreWeave Stock
Bridgewater Associates made a surprising investment last quarter, snapping up 270,556 CoreWeave (CRWV) shares valued at $37 million. The timing stands out because Ray Dalio, who founded the hedge fund, recently warned about artificial intelligence stocks trading at bubble levels. Yet Dalio isn't telling anyone to panic and dump their holdings. His argument is more nuanced. Yes, prices have climbed way past what many companies are actually worth, but bubbles don't just pop on their own. They need a catalys ...