Economics
Ray Dalio Says He’s Ready to Give Away Bridgewater’s Secrets
- Bridgewater founder to share internal algos with America Inc.
- Firm’s practices are realistic not utopian, Dalio says
Ray Dalio Says Bridgewater Is Ready to Share Tools
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Of all the hedge fund world’s secrets, few are more closely guarded than the inner workings of Bridgewater Associates Inc. Now, founder Ray Dalio plans to share his management system and corporate culture with the world.
“We’re about to take the algorithms we have, and we’re going to give them to others,” Dalio said in an interview with Bloomberg Television. “We’re figuring out how to make that fit in a number of other companies, to just pass it along.”