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 …
Continue reading “Dalio Endorses Crypto as Alternative to Gold”
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, …
Continue reading “Bridgewater Takes to the Woods to Dodge Corona”
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 …
Continue reading “Bridgewater’s Dalio Looking to Golden Lifeboat”
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 …
Ray Dalio, founder and head of the world’s largest hedge fund, took a deep dive into the inner workings of the US economy, and did not like what he saw there. Dalio, CEO of Bridgewater Associates, which manages $160 billion, posted on LinkedIn, the social media business networking site, his findings on the current state …
Continue reading “Dalio Says US Economy Not So Rosy Just Under the Surface”
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 …
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 …
Continue reading “Bridgewater Fund Down in First Half of 2017”
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 …
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 …
The world’s largest, and most successful, hedge fund, Bridgewater Associates, is encoding its master’s methods into an algorithm designed to bypass the need for anyone to actually have to think. The fund is worth $160 billion, and presumably got there based on the management philosophy of its founder Ray Dalio. The goal of the project …