Ray Dalio was Blindsided by the Coronavirus Market Rout, and Now His Flagship Fund is Down 20% this

[Banjo]

Is The Bottom Finally In: Bridgewater Puts On $14 Billion Short
https://www.zerohedge.com/markets/b...the+survival+rate+for+everyone+drops+to+zero)

 

[apdxyk]

All those intelligent folk whether their last name is Greenspan or Dalio, once they become celebrities - something cracks inside, the disconnect with reality goes beyond the point of no return.

 

[Cuddles]

All those intelligent folk whether their last name is Greenspan or Dalio, once they become celebrities - something cracks inside, the disconnect with reality goes beyond the point of no return.

I have a feeling a lot are degenerate gamblers that strike it filthy rich on a giant play so all of the sudden are considered gurus worth managing billions of dollars. FWIW, I know nothing about Dalio.

I don't think you'd have a hard time finding people on here who are profitable year after year, with better risk management than some of these guys.

 

[Tony Optionaro]

They did buy 1,5B worth of puts on indices in November, assembled by GS and MS. Wonder how those are doing.