The chief investment officer at the world’s biggest hedge fund says we’re headed for a recession that’s ‘double the normal length’

“We’d expect kind of double the normal length of a recession because the Fed’s not going to be at your back for a long time, and that’s a big deal,” Jensen told Bloomberg on Friday. https://fortune.com/2022/12/16/how-bad-recession-double-normal-length-china-bridgewater-associates-cio/amp/ The Bridgewater co-CIO said …

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Any portfolio manager that attempts any strategy OTHER than return on investment should be prosecuted for fraud.

GOOD: States Pulling Hundreds of Billions in Retirement Funds from ‘Woke Capitalist’ ESG Investment Management Firms. You don’t want your portfolio managers chasing peer approval instead of return on investment. On Tuesday, Oct. 18th, Missouri Attorney General Scott Fitzpatrick divested $500 million in assets …

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Want an Investment-Related Career?

Are you attracted to the idea of investing as a career path? Many college graduates enter the field every year because of the variety, excellent pay, and personal satisfaction that comes with learning to invest wisely and well. Some professionals …

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