How do I use RSS? And that’s the crux of what we do. © 2004-2021 GuruFocus.com, LLC. We will now turn to Prince's comments regarding the status of gold and the U.S. dollar and how these might change as the Federal Reserve and U.S. Treasury continue down their current path. Not a Premium Member of GuruFocus? MP3 Music. Recently Updated; Last Reply; Caption; Highest Rated; Start Date; Most Commented; Most Reviewed; Most Views 0 0 0 1 8 1 0 0; 0 Comments. Since rates are already incredibly low, it becomes more difficult for policymakers to set a floor for the stock market. 5.0 out of 5 stars. Watch now. Credit perspectives on the UAE Economy, Challenges & Opportunities November 2020. Sign up for a? All Rights Reserved. Or $8.99 to buy MP3. Can Bitcoin Survive a Government Crackdown? Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Profile: Jazz composer, arranger, conductor, producer. Also under Bob Prince. Listen with Music Unlimited. Bridgewater Associates is an American investment management firm founded by Ray Dalio in 1975. Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. #15. Prince thinks that a possible consequence of the huge liquidity injections that the world`s central banks have organized is that stores of wealth will see their prices rise - that money has to go somewhere, after all. Past performance is a poor indicator of future performance. After submitting your request, you will receive an activation email to the requested email address. Earn affiliate commissions by embedding GuruFocus Charts. Bridgewater Co-CIO Bob Prince … In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. See Photos. Most interestingly, Prince thinks that some stocks might also become storeholds of wealth, in the sense that the newly created liquidity is likely to flow into big-name companies. Album created by gomowad2000. In effect, China has become the U.S.'s main creditor. He was a Consumer Advocate in Pittsburgh PA. Find financial results, reports and information on investing in BP, dividend payments, AGM and strategy events The primary goal of short selling should be to provide cash in a sell-off and let you “back up the truck” on your longs. As most people no doubt know, the U.S. and other Western nations have outsourced important supply chains to China and other parts of Southeast Asia. One of the most significant economic developments of the last 30 years has been the evolving relationship between the United States and China. Ray Dalio Commentary: Why My Transition Is a Dream Come True, Top 4th-Quarter Trades of Ray Dalio's Bridgewater, Ray Dalio Commentary: What I Really Think of Bitcoin. This likely means more "free" money and zero-interest rates. Your selection and notes will be stored in your portfolio. Bridgewater Associates began as an … Bridgewater Associates is the world's biggest hedge fund firm. Prince was one of the most distinct and popular voices in sports broadcast history, known for his gravel voice, unabashed style and clever … For the latest Ryman share price and market announcements, please click on the link below to NZX . Unsurprisingly, I am not the only person thinking about this. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. Bob Prince. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. We bring significant resources to support the development of businesses. If there is no interest rate, there is no discount rate on cash flows [either]. GuruFocus has detected 3 Warning Signs with AMZN. Most interestingly, Prince thinks that some stocks might also become storeholds of wealth, in the sense that the newly created liquidity is likely to flow into big-name companies. January 22, 2020, 7:51 AM EST Updated on January 22, 2020, 12:59 PM EST 2:09. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. This isn't exactly a value investor's analysis - if anything, it is more of a trading mentality. Watch now. Video Clips in Honor of my Dad (the late) Wayne Van Dine, Sr. It oversees about $160 billion in assets. Stock quotes provided by InterActive Data. If the hurdle rate for investment is zero, and financing is easy and cheap to secure, how do you sort the good companies from the bad ones? Members Only. Find a Grave, database and images (https://www.findagrave.com: accessed ), memorial page for This isn't exactly a value investor's analysis - if anything, it is more of a trading mentality. Corporate News What is RSS? Prince discussed the implications of zero-rate policies for value investors: Not a Premium Member of GuruFocus? Prince went on to say that these policy shifts have created a number of problems for the traditional "60-40" (60% stocks, 40% bonds) portfolio, as bonds are currently yielding very little. by Bob Prince & Baseball Voices. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. Bob Prince interviews Hal Smith, Bill Mazeroski, Bill Virdon, Dick Hoak, Danny Murtaugh and many others from the 1960 World Series Champion Pittsburgh Pirates. Investor information. News. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. For instance, how do you value a company with large amounts of debt in a negative rate environment? Robert Prince. He also noted a number of problems for stock investors. Trade Mark (1) Called the Gunner for his Staccato style of Broadcasting. Bridgewater Associates, the world’s largest hedge fund with $138 billion in assets under management, is restructuring so that investing decisions are made by more than three men: founder and co-Chairman Ray Dalio and Co-Chief Investment Officers Bob Prince and Greg Jensen.. Add An Image. To make use of RSS, you"ll need an RSS reader, or aggregator. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. To make matters worse, the payoff is asymmetrical - in the best-case scenario, bond investors can hope to make 5% to 7% over the next few years, but the downside could be as big as 20% to 30%, especially if inflation picks up (as the real value of the cash payments from the bonds will decrease). Your selection and notes will be stored in your portfolio. View the profiles of professionals named "Bob Prince" on LinkedIn. You can sign up for additional alert options at any time. Tickets for the Trump dinner event are priced up to $500,000 per couple, an invitation says. Bridgewater Co-CIO Bob Prince Says Boom-Bust Cycle Is Over By . President and CEO, ViacomCBS. Search the world's information, including webpages, images, videos and more. Mark Cutis and Hashim Kudsi reflect on the fast changing world and its implications November 2020. Our global team comprises 240 investment professionals across four continents. See Photos. Our history shows a company committed to putting care at the heart of everything we do, and we have had a profound impact on improving the quality of life of older people. Ray Dalio Commentary: Are We in a Stock Market Bubble? Bob Prince. Stock quotes provided by InterActive Data. A DIY Guide on How to Invest Using Guru Strategies. First Eagle Commentary- Alternative Credit: 2021 Outlook, Vanguard Commentary: Topping Barron's Active Fund Charts Once Again, United Airlines Holdings Inc (UAL) EVP & Chief Commercial Officer Andrew P Nocella Sold $600,160 of Shares, First Financial Corp (THFF) Files 10-K for the Fiscal Year Ended on December 31, 2020, Snowflake Inc (SNOW) CFO Michael Scarpelli Sold $3.4 million of Shares, Tandem Diabetes Care Inc (TNDM) EVP, Chief Business/Compliance David B Berger Sold $780,042 of Shares, John Bogle: Understand Mean Reversion and Think Long Term, The Value Investor's Handbook: Understanding Balance Sheets, Howard Marks: Here's When You Need to Get Out of the Market, An Interview With Third Avenue Value Fund's Matt Fine, Value Investing Live Recap: Patrick Brennan, How the 'Fear of Missing Out' Can Harm Your Profits, Charlie Munger's Thoughts From the Daily Journal Annual Meeting, 5 Key Takeaways From Warren Buffett's 2021 Letter, The Most Popular Guru Buys of the 4th Quarter. If you`re holding dollars that are getting printed every day that are making you 50 basis points (0.5%), you might look for something other than dollars. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. Trivia (2) Play-by-play man for the Pittsburgh Pirates (1948-1975). Bridgewater Co-CIO Bob Prince Explains What Investors Should Do in a Zero-Rate World, Part 1, Howard Marks: The Long-Term Consequences of Government Stimulus, David Einhorn's Greenlight Is Still Short Tesla. In the next part of this interview, we will look at his comments on gold and the state of the U.S. dollar as its stands today. In Groups: Bob Prince And His Orchestra, Saxes, Inc. Variations: Please Sign Up or Log In first. Co-CIO Bob Prince joins Bloomberg TV to discuss how the depreciation of cash and unattractive rates have created a risk of significant wealth destruction, forcing investors to look elsewhere for returns and causing a massive rebalancing of wealth between the East and West. Whether this can continue in the long term is another question altogether. Watch now . What Is in the GuruFocus Premium Membership? Bob Prince. There are no comments to display. Really Simple Syndication (RSS) is a format designed for sharing web content such as headlines. Nishant Kumar. If the hurdle rate for investment is zero, and financing is easy and cheap to secure, how do you sort the good companies from the bad ones? A Conversation with Bob Prince, Co-CIO Bridgewater Associates: Managing Savings in the World of Zero Interest Rates and Printing of Money February 2021. Fundamental company data provided by Morningstar, updated daily. Sign up for a?free 7-day trial here. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Please don’t hesitate to contact us if you would like to request a call or meeting, or have any other investor relations related queries. Jim Cooper, Dutch Senior Open, KLM Open, Vanderbilt Athletics, Blue Raider Athletics, Grand Ole Opry, rockstart, UNHCR, the UN Refugee Agency, 43 Alumni for America, Republican Voters Against Trump, Henegar Law Office, Husky Home, Marine Conservation Society Seychelles (MCSS), Motlow State Community College, SRC Reizen. Bob Bakish. Classical value analysis would identify a large debt burden as a risk, but if that debt starts generating cash, does it become an asset? Go to NZX. You can jack off now and register later. Past performance is a poor indicator of future performance. , it seems likely that the Fed and U.S. Treasury will have to extend their emergency support to companies and individuals in order to meet the demand and spending shortfall created by the lockdowns of the past few months. You must click the activation link in order to complete your subscription. Could these policies undermine the status of the U.S. dollar as the main world reserve currency? Disclosure: The author owns no stocks mentioned. Ray Dalio Commentary: Are We in a Stock Market Bubble? In a recent interview with Bloomberg, Bridgewater Co-Chief Investment Officer Bob Prince offered a number of thoughts on this question, as well as some observations on the state of the U.S. dollar as the world's reserve currency. The firm serves institutional clients including pension funds, endowments, foundations, foreign governments, and central banks. James Sandford - VP Investor Relations Greg Tett - Investor Relations Director Michael Watts - Investor Relations Manager Sam West - PA to Investor Relations [email protected] Company Secretary- + 44 203 810 7200 / [email protected] James Sandford. As has been noted by several other commentators. We will now turn to Prince… The S&P 500 and Covid-19: What Stocks Rose the Most Since Last Year's Lows? First Eagle Commentary- Alternative Credit: 2021 Outlook, Vanguard Commentary: Topping Barron's Active Fund Charts Once Again, United Airlines Holdings Inc (UAL) EVP & Chief Commercial Officer Andrew P Nocella Sold $600,160 of Shares, First Financial Corp (THFF) Files 10-K for the Fiscal Year Ended on December 31, 2020, Snowflake Inc (SNOW) CFO Michael Scarpelli Sold $3.4 million of Shares, Tandem Diabetes Care Inc (TNDM) EVP, Chief Business/Compliance David B Berger Sold $780,042 of Shares, John Bogle: Understand Mean Reversion and Think Long Term, The Value Investor's Handbook: Understanding Balance Sheets, Howard Marks: Here's When You Need to Get Out of the Market, An Interview With Third Avenue Value Fund's Matt Fine, Value Investing Live Recap: Patrick Brennan, How the 'Fear of Missing Out' Can Harm Your Profits, Charlie Munger's Thoughts From the Daily Journal Annual Meeting, 5 Key Takeaways From Warren Buffett's 2021 Letter, The Most Popular Guru Buys of the 4th Quarter. Not a Premium Member of GuruFocus? To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. Robert Prince is co-chief investment officer at Bridgewater Associates. We have successfully built a safer, more resilient and competitive BP: a distinctive business that is delivering sustainable value for investors. Shop for Vinyl, CDs and more from Bob Prince at the Discogs Marketplace. It is in the interests of U.S. borrowers for the government to simply print more paper, but at a certain point that will start to undermine the value of the dollar as the premier reserve currency.