Hedge Crunch FinancialRay Dalio
Dalio Endorses Crypto as Alternative to Gold
Founder of the world’s largest hedge fund, Ray Dalio, a skeptic of bitcoin, has changed his mind and now says cryptocurrency should be a part of a well-balanced investment portfolio. The founder of Bridgewater Associates says that bitcoin “could serve as a diversifier to gold and other such store holds of wealth assets.” Dalio has […]
Bridgewater Takes to the Woods to Dodge Corona
In what is certainly a unique way of beating off COVID-19, Ray Dalio has taken his traders to the woods where fresh air and social distancing is sure to reduce Bridgewater employees’ risk of infection. Dalio put up tents in the forest that abuts the location of the $138 billion hedge fund headquarters in Westport, […]
Bridgewater’s Dalio Looking to Golden Lifeboat
Traditionally gold is where investors park their money in troubled times, such as inflation or a rocky stock market. But with inflation low and the market reaching historic highs, why would Ray Dalio, the superstar hedge fund manager of the world’s largest hedge fund, Bridgewater Associates, recommend a move to gold. Dalio is predicting that […]
Klarman and Dalio Pessimistic in Davos
Hedge Fund superstars, Ray Dalio and Seth Klarman, both expressed worry over the global economy during the annual World Economic Forum that meets each year in Davos, Switzerland. Klarman’s dire warning was issued in a letter and caused a buzz at the prestigious conference. Called the next Warren Buffett by some, Klarman runs the Baupost […]
Rethinking Capitalism
According to a Gallup poll, about 51% of the US population say they are opposed to capitalism. Only 34% labeled themselves as capitalists, while 15% said they did not know. Paul Tudor Jones II presented this data to his audience at the Greenwich Economic Forum in Connecticut in mid-November and used it as a starting […]
Bridgewater Losing Another Top Exec
Bridgewater Associates, the world’s largest hedge fund, is saying good-bye to marketing head Parag Shah, who “recently agreed to step aside,” according to a Wall Street Journal report. Shah has been with Bridgewater, which controls $160 billion, since 2002. He will stay on the payroll during a “period of transition.” It is not a shock […]
Bridgewater Fund Down in First Half of 2017
Being the largest is not a guarantee that your funds will always rise, seems to be the lesson from the less than stellar performance of Bridgewater Associates’ Pure Alpha II Fund. Pure Alpha dropped by 2.5% during the first half of 2017, disappointing managers and investors alike. The Pure Alpha Fund’s drop can be compared […]
Top Revenues for Hedge Fund Managers
Despite the fact that investor returns for hedge funds were somewhat “disappointing,” hedge fund managers did not feel the pinch. Indeed, over the last ten years the industry has encountered very bad returns with Daniel S. Loeb referring to it a “catastrophic period.” Bringing home a staggering $11 billion, the top 25 hedge fund managers […]
The Top Hedge Fund Earners of 2016
We mean who brought home the most money, and not necessarily had the best returns, although these often go together considering the fees managers charge for performance. Broadly speaking the hedge fund industry had lackluster year, but at least the numbers are black. Hedge Funds returned 5.4 percent, kind of anemic compared to the robust […]