Hedge Funder Dalio Says Bubbles Burst for Tech Darlings Tesla, Roku

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The Street

By Dan Weil ‘Emerging tech stocks no longer appear to be in a bubble,’ said hedge fund mogul Ray Dalio. So is it now time to buy? For several years, many stock watchers have pointed to signs of bubbles in the market. Ray Dalio, founder of Bridgewater, the world’s largest hedge fund firm, has formulated a bubble indicator made up of six factors, including broad bullish sentiment and high prices relative to traditional measures. “In January the bubble indicator showed that the U.S. equity market as a whole was at the edge of a bubble but not in an extreme bubble,” he wrote in a commentary on Lin…

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