Photographer: David Paul Morris / Bloomberg
Photographer: David Paul Morris / Bloomberg
The GameStop Corp. saga is another sign of growing intolerance among those with conflicting views that stir the US, according to Bridgewater Associates’ founder, Ray Dalio.
“What worries me more is the general anger – and almost hatred – and the view of letting people coming down now permeate almost every aspect of the country,” Dalio said in an interview with the Washington Post. “The general desire to hurt each other” is worrying, he said.
While the traders’ shares to offer the video game trader’s shares may look like ‘rebellion’, it shows that they are beginning to understand the mechanics of the markets – just like those hampered by short bets. said.
Yet the traders are bird known to him somewhat, Dalio said.
“They remind me a lot of me at that age,” he said. “I started investing at an early age and was rebellious and wanted to do it my way and drop it.”