The Traderszone Network

Published in TZ Latest News 5 February, 2016 by The TZ Newswire Staff

Bridgewater’s Dalio calls report about feud with Jensen overblown

Ray Dalio, founder of Bridgewater Associates LP, the world’s largest hedge fund, said on Friday that a Wall Street Journal story about a dispute with his heir apparent, Greg Jensen, was overblown. The newspaper reported that Dalio and Jensen had gone as far as to call for a dozen senior employees and stakeholders to vote on their character and conduct in a bid to resolve the dispute. “Greg and I have had lots of disputes over the last 20 years, and what’s great is that we have a systematic process for working ourselves through them,” he added in a statement.