Ray Dalio Says Bridgewater Has No Net Short Bet Against Stocks
- Wall Street Journal reported $1 billion wager on put options
- Firm says has no positions tied to U.S. political developments
Ray Dalio speaks at the Bloomberg New Economy Forum in Beijing on Nov. 21.
Photographer: Takaaki Iwabu/BloombergThis article is for subscribers only.
Billionaire Ray Dalio said his macro hedge fund firm Bridgewater Associates doesn’t have a net bet that the stock market will fall.
A Wall Street Journal article published earlier Friday is “wrong,” Dalio wrote in a LinkedIn post. “I want to make clear that we don’t have any such net bet that the stock market will fall.”