
Ray Dalio, the founder of the world’s biggest hedge fund Bridgewater Associates, finds great potential in India. Dalio says he uses various indicators and believes India should have the highest growth rate going ahead. In an interview with Business Today TV's Udayan Mukherjee, Dalio said India was opening up to the global capital markets and if that continued, it would be good for the capital market in India, in terms of capital flows. Dalio said India was largely taking a neutral position in the ongoing global conflicts, which was good. “We use indicators of the next 10 years' growth rate. Some of the indicators include the cost of an educated person. In other words, not only the education level but also how expensive it is. Others include barriers to trade and capital flows and the level of corruption. On balance, India should have the highest growth rate of any country,” Dalio said.