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I am in the investment world and have long found Dalio to be crazy on the order of batshit level, and frankly there are a number of issues regarding Bridgewater

by bedhead 10y ago

I am in the investment world and have long found Dalio to be crazy on the order of batshit level, and frankly there are a number of issues regarding Bridgewater that make my BS detector go wild. Their returns are a complete mystery to me. They charge high fees and consistently beat the market with low volatility, without leverage, and owning an extremely diversified group of assets, none of which are farther down the risk spectrum (eg equities, VC, etc). I haven't seen even the most sophisticated alternative fund allocators (eg big university endowments) sufficiently explain what it is that Bridgewater does. Unrelated, since Jon Rubinstein is the co-CEO of Bridgewater, perhaps it does have some relevance to HN. (Although I have a side bet with a friend that he will leave in less than 24 months)

_yosefk 10y ago
Are you implying that Bridgewater is a Madoff-style Ponzi scheme? If so, it will be quite the explosion when it tanks.
- bedhead 10y ago
  It is probable that it's entirely legit, but my god it spews of so many red flags. Than again, there is always this: http://time.com/money/4209599/bernie-madoff-new-ponzi-schemes/ http://time.com/money/4209599/bernie-madoff-new-ponzi-scheme...
  - sjg007 10y ago
    Seems crazy given that the director of the FBI worked there....
qwrusz 10y ago
> They charge high fees and consistently beat the market with low volatility, without leverage >>I haven't seen even the most sophisticated alternative fund allocators (eg big university endowments) sufficiently explain what it is that Bridgewater does. What? Bridgewater uses leverage. It is the basis for their strategy. They explain how and why they use it right on their website. Also their fees are lower than average. No I don't work there. When you say you are "in the investment world", do you mean professionally or like you trade stocks from an e-trade account in your free time?

by bedhead 10y ago

_yosefk 10y ago

Are you implying that Bridgewater is a Madoff-style Ponzi scheme? If so, it will be quite the explosion when it tanks.

bedhead 10y ago
It is probable that it's entirely legit, but my god it spews of so many red flags. Than again, there is always this: http://time.com/money/4209599/bernie-madoff-new-ponzi-schemes/ http://time.com/money/4209599/bernie-madoff-new-ponzi-scheme...
- sjg007 10y ago
  Seems crazy given that the director of the FBI worked there....

qwrusz 10y ago

> They charge high fees and consistently beat the market with low volatility, without leverage >>I haven't seen even the most sophisticated alternative fund allocators (eg big university endowments) sufficiently explain what it is that Bridgewater does. What? Bridgewater uses leverage. It is the basis for their strategy. They explain how and why they use it right on their website. Also their fees are lower than average. No I don't work there. When you say you are "in the investment world", do you mean professionally or like you trade stocks from an e-trade account in your free time?