tyb and nice snipe!
>>7123834 lb
you are welcome anon, always make sure I acknowledge taking the time to respond.
o7
Bridgewater’s Flagship Fund Lost 4.9% in First Half, FT Says
he must be massively short as that is the only way you can have a loss like this in 6 months.
don't dis-like the guy as he has some strong strategy's but how can you miss the boat now?
Bridgewater Associates’ flagship Pure Alpha fund lost 4.9% in the first half, one of its worst performances in two decades, the Financial Times reported.
The fund, which bets on macro-economic trends, was hurt as global stock and bond markets rebounded on the hopes of looser monetary policy, according to the report. The newspaper said much of the loss was in January, when Pure Alpha declined 4.5%, suggesting it went into the new year expecting the worst just as markets began to recover.
The FT cited a person close to Bridgewater saying the fund had pared some of its losses and is now down 1.45% this year through mid-July.
The FTSE All-World equity index was up 15% through the end of June, while the broadest global bond market gauge was up 6%. The average macro hedge fund gained 5.2% in the period, the report said, citing data provider HFR.
The decline came after a strong 2018 for Pure Alpha, when it gained 14.6%. Bridgewater, the firm founded by billionaire Ray Dalio, *has about $160 billion in assets.
*had
https://www.bloomberg.com/news/articles/2019-07-21/bridgewater-pure-alpha-fund-lost-4-9-in-first-half-ft
Bridgewater Paid $1 Million To Settle Sexual Harassment Charge Against Former CEO
https://www.zerohedge.com/news/2017-11-07/bridgewater-paid-1-million-settle-sexual-harassment-allegations-against-former-ceo
let go…and not for this but for making negative comments to his boss about "muh Book"…
Alpha and Beta: How Do They Relate to Investment Risk?
Alpha and beta are two common measurements of investment risk. However, I must add a caveat before we jump in. Alpha and beta are part of modern portfolio theory, much of which is questioned by analysts. That doesn’t mean you can’t use the concepts of alpha and beta to have a better understanding of investing.
moar here:
http://www.arborinvestmentplanner.com/alpha-and-beta-investment-risk/