Archive: work ethic

The Early Investing Podcast: Ray Dalio Misjudges the Eurozone

By Early Investing on November 23, 2022

According to Ray Dalio — owner of the largest hedge fund in the world — the Eurozone is in trouble. The Eurozone comprises 19 countries, including Spain, France and Germany. And Dalio thinks it’s in gradual decline. “Its weaknesses are its people’s lower than average work ethic and low self-sufficiency and its relatively poor allocation of labor and capital,” Dalio said. But if you ask us, Dalio is dead wrong. This isn’t about work…