Founder and Billionaire Ray Dalio takes to social media to contest WSJ
According to The Wall Street Journal, the largest hedge fund in the world Bridgewater Associates have bet big on a market crash.
The report written by Juliet Chung claims;
Founder of Bridgewater Ray Dalio took to social media to respond and didn’t pull any punches.
On Twitter:
The Wall Street Journal wrote an article that said “Bridgewater Bets Big on Market Drop.” It’s wrong. I want to make clear that we don’t have any such net bet that the stock market will fall.
— Ray Dalio (@RayDalio) 22 November 2019
We explained to Juliet Chung, the author of the article, that to convey us having a bearish view of the stock market would be misleading, but it was done anyway.
— Ray Dalio (@RayDalio) 22 November 2019
I believe that we are now living in a world in which sensationalistic headlines are what many writers want above all else, even if the facts don’t square w/ the headlines. You can believe me or you can believe The WSJ writer. I hope you have come to know that you can believe me.
— Ray Dalio (@RayDalio) 22 November 2019
On Linkedin:
The Wall Street Journal wrote an article that said “Bridgewater Bets Big on Market Drop.” It’s wrong. I want to make clear that we don’t have any such net bet that the stock market will fall. We explained to Juliet Chung, the author of the article, that to convey us having a bearish view of the stock market would be misleading, but it was done anyway. I believe that we are now living in a world in which sensationalistic headlines are what many writers want above all else, even if the facts don’t square with the headlines. You can believe me or you can believe The Wall Street Journal writer. I hope you have come to know that you can believe me.
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