Bridgewater's Self-Obsession Actually ... Works?
24/7 video surveillance, constant psychoanalysis, strange interpersonal exercises, all in the name of money management.
Endlessly, lovingly, obsessively, they talk about themselves.
Photographer: Handout/Getty Images EuropeThis post originally appeared in Money Stuff.
Eileen Murray, the co-chief executive officer of Bridgewater Associates, spoke at a hedge fund conference this week, and someone in the audience had the nerve or naivety or lack of imagination to ask her about investments. This guy — presumably a hedge fund manager or allocator — had the chance to put a question to the co-head of the largest hedge fund in the world, and he wasted it on asking “what percentage of Bridgewater’s equity investments are in internet/technology companies.” As though anyone at Bridgewater would ever deign to talk about something so pedestrian as sector allocation of equity investments! Obviously she declined to answer.