ET Now GBS 2024: India well-placed to harness shifting world order, says Ray Dalio Founder, CIO Mentor, an

Ray Dalio outlined his investment philosophy, which includes assessing whether a country or company earns more than it spends, has internal cohesion leading to healthy competition and productivity, and is in a threatening world order or state..

India is nicely positioned to take advantage of changing dynamics in the world order, which is witnessing a shift after the US dominated it for decades after the Second World War, according to Ray Dalio, founder of the world's biggest hedge fund, Bridgewater Associates...

"India is projected to have the fastest growth in the world of any sizeable or developed economy," Dalio, also author of The Changing World Order, said here Friday..

"(Prime Minister Narendra) Modi's leadership, stability and the broad level of support from the government have been there," he said.. Dalio, who ranks as the most successful hedge fund manager in the world with Bridgewater Associates managing assets of $168 billion at the end of 2022, has built a reputation by betting for and against markets..

Putting into context the high interest rate and tight credit markets in the US, Dalio talked about how debt has come to influence the state of things there...

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