“Return Streams” And The Key To Bridgewater’s Success

Ray Dalio founded what is now the world’s largest hedge fund, Bridgewater, from his bedroom in 1975 with just a handful of employees. Bridgewater’s success is mostly attributable to its unique offering. From the very beginning, the firm has offered something difficult to find elsewhere – uncorrelated return streams from non-traditional assets. Q3 2023 hedge fund letters, conferences and more According to Dalio, this was the goal from the outset. On the Value Investing with Legends Podcast, a Heilbrunn Center for Graham & Dodd Investing publication, Dalio recently explained that he’d never “thought about going into the hedge fund business…