(New York Times) Bridgewater Associates, the world’s largest hedge fund, released a statement on Thursday taking issue with what it called “significant mischaracterizations” and a “distortion” of some of its business practices and culture that were described in an article in The New York Times.
Ray Dalio, the founder and chairman of Bridgewater, said in a statement that the article “intentionally strung together a series of misleading ‘facts’” in order to “create the most sensationalistic story.”
