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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.

Ray Dalio speaks at the Bloomberg New Economy Forum in Beijing on Nov. 21.

Photographer: Takaaki Iwabu/Bloomberg
Updated on

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.”