By: Ray Dalio, Bob Prince and Greg Jensen
Since there has recently been a controversy about risk parity, since we were responsible for coming up with the idea, and since we now manage more of it than any other firm, we feel a responsibility for answering people’s questions about it. Finding out what is true is a two-way responsibility. Ours is to honestly convey what we
believe is true and yours is to probe us hard and openly so that we can work together toward learning what’s true. Then, after we have had this quality exchange, we can each decide what we believe is true and what to do about it.
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