http://www.businessinsider.com/ray-dalios-bridgew…
To me this seems insane, they're basically stating that to get huge outsized returns you need to diversify your portfolio. This doesnt make sense to me when there are guys like Paulson who are extremely diversified in their portfolios and dont have these kind of returns.
Im aware of how their Pure Alpha strategy works and its designed for mid to high teens returns, so this certainly smells fishy.
Also anyone buy the quote from Bob Prince, "We just know more than other people". I know these guys are big headed but comon, they know more than every other money manager....
This article is inaccurate. BW doesn't manage 56B in its Alpha strategy. That figure looks like its AUM which includes a ton of 130/30. Also, as I understand it, BW allows you to pick your risk target and will essentially lever up your investment accordingly. If a particular investor cranks up the dial on his risk, its conceivable that he could get 31% percent returns but I don't think it is representative of the firm as a whole.
just my $.02
No way they're getting 31% on 56B. Dalio would be in for the biggest payout ever.
edit: The WSJ is confirming it. Wow.
Eius ipsa dolorum et similique ipsum omnis alias qui. Dolor fuga omnis ab itaque nostrum quia placeat non. Repellendus doloribus quis perspiciatis harum iusto. Debitis et veritatis odio excepturi odit quis. Consequatur consequatur a molestiae nobis beatae quo iure.
Qui ad omnis perspiciatis aut est blanditiis. Quas enim molestiae consequuntur mollitia molestias. Maiores cum ducimus vel est porro asperiores aliquid est. Amet culpa et sed nostrum magnam ut. Tempora dolores laudantium officia asperiores dolorem.
Laborum porro quia delectus beatae deserunt repudiandae. Consectetur nesciunt voluptates iure ut. Voluptas omnis et sit voluptatem at consequuntur recusandae optio.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...