As trade tensions with the U.S. drag on, China’s domestic stock market has crashed and its currency devalued. But, despite all of that, Ray Dalio, founder and co-chair of Bridgewater Associates, says now is the time to invest in China. Yahoo Finance’s Dan Roberts, Brian Cheung, Sibile Marcellus and Krystal Hu discuss.
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Billionaire investor James Simons, the mathematician and Cold War code-breaker who founded one of the world's most prominent and profitable hedge funds, Renaissance Technologies, has died at 86, his foundation said on Friday. The Simons Foundation did not give a cause of death. Sixty years ago Simons -- who preferred to be known as Jim -- shifted course from teaching mathematics and working in U.S. intelligence to investing.