Bridgewater’s flagship fund, Pure Alpha, ended 2020 down 7.6%

There is an awful lot of anecdotal/observational evidence to suggest that once a great investor focuses on self promotion, on tv all the time talking and writing about how great they are ... they aren't so great any more. Would be great to see some kind of quantitative study on this, maybe someone can suggest it to Dalio?
 
Didn't Dalio gave the wheel to someone else and then had to re-take it back, cuz things went out of control ?

He also stated (given the fact of surviving the cancer) that now hes at the last stage of life, where chasing success is no longer an option & it's time to give back / share the knowladge.

+ Son have died.


Makes sense for a rough year.
 
Daal said:
"After posting its worst monthly loss in history in March, Bridgewater’s flagship fund, Pure Alpha, ended the year down 7.6%. A more leveraged version of the fund lost 12.6%. "

All that philantrophy and book writing from Dalio is costing their clients a lot of money

https://www.wsj.com/articles/bridge...leadership-ranks-11613745304?mod=hp_lead_pos5
More...

Pure beta. Imagine losing money in the greatest bull market that ever was. Old men wearing diapers should not be watching other peoples money.
 
It's interesting. I think old guys are all about value. These days, none of that matters. Its a difficult pivot to make when up is now down and left is right.
 
You must log in or register to reply here.
Back
Top