Billionaire Ray Dalio’s Bridgewater Sells S&P 500, Amasses $1,020,000,000 in Two Major Assets
According to the latest 13F filings—because who doesn’t love a good number crunch?—Dalio’s Bridgewater Associates has decided to belly flop off its stake in the SPDR S&P 500 ETF. You know, just a casual checkmark against the performance of the S&P 500, no biggie. Now, this fund has become about 8.5% of Bridgewater’s overall portfolio thanks to Dalio’s expert timing. Honestly, can we just say “bravo” to this man for making money moves that look like he’s playing 3D chess while the rest of us are doodling on a napkin? 🎩