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"You want to be borrowing cash and hold almost anything against it," says Bridgewater co-CIO Bob...

"You want to be borrowing cash and hold almost anything against it," says Bridgewater co-CIO Bob Prince on a client conference call. While not Tepper's "balls to the wall" line, it's a pretty loud statement from a master asset-allocator shop like Bridgewater. Previously Ray Dalio called this year a "game-changer" in which money would reallocated to risk assets.
Comments (2)
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Trash cash for other trash paper.
    12 Feb 2013, 11:59 AM Reply Like
  • Derek A. Barrett
    , contributor
    Comments (3534) | Send Message
     
    BDCL, MLPL, and MORL

     

    We have a poster that has done well by simply buying them when the RSI goes below 30

     

    Free money for everybody lol
    12 Feb 2013, 12:25 PM Reply Like
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