Hey everybody this is still town

this is still town and the stand you'll town and we're here for the invested

podcast where we are learning how the best investors in the world think about investing, people who we call

Rule 1 style investors who are focused on the number one thing about investing being to not lose money when you put money into an asset.

And there are very specific rules around that that we've been talking about for some time here with my daughter Danielle.

That's true, Dad.

And we intro it a little differently every time, which I really enjoy.

We just never know what we're going to come up with for an intro.

But this time we're going to talk about one of my favorite investors to listen to is a man

named Ray Dahlio who runs the largest pure hedge fund in the world.

Oh, is it the largest?

Yeah, the largest.

120 billion dollars under management in one fund,

or in a couple of funds, I think.

And with that...

Yeah, it's gotta be subdivided, right?

It is a bit, but not much. I think he has two or three funds within that.

Really?

And he has a track record roughly 18% per year for 36 years.

And crazy.

I mean, no wonder he has the largest head fund in the world.

Really interesting guy.

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