How Does the World’s Largest Hedge Fund Really Make
Its Money?
https://www.nytimes.com/2023/11/01/business/how-does-the-worlds-largest-hedge-fund-really-make-its-money.html
On Wall Street, the phrase “information advantage” often carries an unseemly implication, suggesting that one is engaged in insider trading. Mr. Dalio’s information advantage, however, was as legal as it was vast.
Bridgewater’s target was information about entire nations. According to employees involved with the effort, Mr. Dalio heavily courted well-connected government officials from whom he might divine how they planned to intervene in their economies — and Bridgewater used these insights to make money in its funds.
https://www.nytimes.com/2023/11/01/business/how-does-the-worlds-largest-hedge-fund-really-make-its-money.html
On Wall Street, the phrase “information advantage” often carries an unseemly implication, suggesting that one is engaged in insider trading. Mr. Dalio’s information advantage, however, was as legal as it was vast.
Bridgewater’s target was information about entire nations. According to employees involved with the effort, Mr. Dalio heavily courted well-connected government officials from whom he might divine how they planned to intervene in their economies — and Bridgewater used these insights to make money in its funds.
