"Cash in the developed world is a terrible asset," writes Bridgewater in its (300-page) year-end...

|By:, SA News Editor

"Cash in the developed world is a terrible asset," writes Bridgewater in its (300-page) year-end investor note. "We would be short cash of all the major currencies," in continues - hedge fund shorthand for borrowing to buy risky assets. Previous: Ray Dalio and his co-CIO have made no secret of their bullishness this year.