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Unscrambling The Bridgewater Story And Issues With The Wall Street Journal

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Mark Melin
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The world's largest hedge fund, Bridgewater Associates, is currently in a dispute with The Wall Street Journal regarding its performance reporting and implications clients are lessening their commitment to the firm amid a performance "stumble" in August in the widely followed All Weather fund. This surrounds a succession plan at the top when, at the young age of 66, Dailo might have a few good years left in the engine and co-CEO Greg Jensen might have to put his ambitions to run the firm on hold. But in the end, does this highly unusual story of a truly radical transparency concept ultimately show the system works? If Dailo, Jensen and Bridgewater continue to deliver what is...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.