Talk:Ray Dalio

Move EL to talk page

I'm not sure this link is best suited for the EL section as its not exclusively about the subject and doesn't seem to give any unique info that is not or could be incorporated into the article. So per WP:EL I've moved it here so that it can be considered as a source for citation if needed.[1] -- — Keithbob • Talk • 21:18, 18 May 2011 (UTC)

The Early Life section is also woefully incomplete because a person born in 1949 turned 20 in 1969, the peak of the largest war of his lifetime. How he was able to remain undrafted and in school and on track for success would be crucial information which is absent from the article. — Preceding unsigned comment added by 24.152.216.213 (talk) 14:02, 24 December 2017 (UTC)

Drawing of Ray Dalio

I do not feel the illustration that's been placed in the article by an IP, adds any value to the article and should be removed and replaced with a photo when one becomes available. Any comments from others? -- — Keithbob • Talk • 13:41, 13 April 2012 (UTC)

I've removed it, again. I don't believe such caricatures should be used to represent people in Wikipedia articles. I'm not sure why the image hasn't been removed completely, but at least I see that the copyright is no longer a problem. --Ronz (talk) 17:29, 13 April 2012 (UTC)

I agree. We should hold ourselves to higher standard then a caricature of a notable person. It is, after all, an encyclopedia. Thanks for your help.-- — Keithbob • Talk • 22:57, 14 April 2012 (UTC)

Philanthropy

Philanthropy should be added back, since he joined the giving pledge, and agreed to give away half his net worth, that would certainly qualify as "philanthropic". Open to discussion on this Cypresscross (talk) 01:41, 12 April 2017 (UTC)

Find substantial sources which describe him as a philanthropist. No passing mentions derived from press packets, no WP:OR, no WP:SYNTH Grayfell (talk) 01:55, 12 April 2017 (UTC)

Also, that source is bylined to DealBook, which is an aggregator service with no reputation for depth. Better sources may exist, but this one is very poor. Grayfell (talk) 01:59, 12 April 2017 (UTC)

The term has been added back to the lede along with a new reference for his substantial philanthropic work. Cypresscross (talk) 22:21, 22 April 2017 (UTC)

That'll work. Eventually the article should explain how he is a philanthropist, to avoid the term being misused as a WP:PEACOCK, but that should be handled with care. Since it's so focused, Inside Philanthropy isn't ideal for establishing WP:DUE for this, although it's still very useful. In the future, please do not mark such edits minor, also (Help:Minor edit). Grayfell (talk) 08:41, 23 April 2017 (UTC)

According to this article, his Dalio Foundation has given something like $30 million to the David Lynch Foundation.[2] TimidGuy (talk) 16:41, 23 April 2017 (UTC)

Critics

Behavour during 2019–20 coronavirus pandemic Ray Dalio bets over his company Bridgewater Associates against european companies.

• Der Aktionär.de: Hedgefonds-Legende wettet im großen Stil gegen Europa
• Institutional Money: Bridgewater geht 14 Milliarden-Leerverkaufposition in Europaaktien ein, March 19, 2020
• Welt.de: Spekulanten stürzen sich auf deutsche Konzerne

--KLritikbörsenwelte (talk) 22:40, 19 March 2020 (UTC)

I don't understand what is meant by this sentence. And I don't know German well enough to read the sources to try to figure out what you're saying.TimidGuy (talk) 15:15, 20 March 2020 (UTC)

TimidGuy Agreed. I have deleted it, as I can't puzzle out the meaning either. Edwardx (talk) 12:37, 21 March 2020 (UTC)

Thanks! TimidGuy (talk) 19:15, 22 March 2020 (UTC)

Thank you, TimidGuy and Edwardx. I believe that you did the right thing at the time. Here's a translated excerpt of the 3rd article, Speculators pounce on German corporations 19 March 2020 via Welt

"According to the financial service Bloomberg, the world's largest hedge fund has made doom bets worth $14 billion. The investment firm, led by billionaire Ray Dalio, is betting that the share prices of European companies will continue to fall due to the spreading pandemic. Bridgewater has placed a number of bets against companies in countries from Germany to Italy, according to communications between March 9th and 12th compiled by Bloomberg. This includes a bet of around $1 billion dollars (939 million euros) against the German software company SAP and a bet of $715 million (650 million euros) against the semiconductor equipment manufacturer ASML.
The hedge fund company must have quick successes. The largest Bridgewater fund, Pure Alpha Fund II, fell around 13% in the first half of the month. Since the beginning of the year, the losses have added up to around 20%, as the fund increasingly focused on the wrong developments."

On 2September2021, there was further coverage of Dalio and Bridgewater's performance via BusinessInsider Ray Dalio's hedge fund might be dropped by a California retirement fund after years of disappointing returns, report says

"The Orange County Employees Retirement System, a $21 billion pension fund, has invested in Dalio's Pure Alpha fund since 2005, which has returned an annualized 4.5% - roughly 2.5 percentage points less than its benchmark, according to... the pension's consultant, viewed by Bloomberg. The (Bridgewater Pure Alpha) strategy has outperformed the pension's target only once in the last five years and has lagged when it came to a seven- and 10-year time frame..."

This BLP needs to be updated appropriately. I agree with other talk page remarks and the current article tag, that fan boy idolatry must be avoided. We need to strike a balance though, because even though Dalio is the founder and leader of Bridgewater, he is not synonymous with the hedge fund. Its performance, or failure to perform, shouldn't be emphasized to the point of becoming WP:UNDUE in his BLP.--FeralOink (talk) 08:32, 5 September 2021 (UTC)

Death of son (Devon)

Death of son (Devon): Dalios mourn death of son in Greenwich crash. Joseph A. Spadaro (talk) 02:12, 19 December 2020 (UTC)

Recent expansion

The recent expansion attempt was full of poor references and written as if part of a publicity campaign. We've made good progress getting rid of the poor sources, and some progress in making this look less like publicity. I've asked for partial protection of the article to get the edit-warring via sockpuppetry under control. --Hipal (talk) 16:19, 11 April 2021 (UTC)

I've asked for help at Wikipedia:Education_noticeboard#Ray_Dalio, given this looks like an unsupervised school project with minors. --Hipal (talk) 17:02, 11 April 2021 (UTC)

Locksteel888, I think it would be a good idea to give some details on what this class project of yours is. Are you aware of https://dashboard.wikiedu.org/training ? Is your instructor? --Hipal (talk) 02:19, 21 April 2021 (UTC)

I've asked for further article protection given how the two other student editors began editing once the previous protection was lifted without attempting to address the concerns during the time the article was protected. --Hipal (talk) 23:28, 26 April 2021 (UTC)

Now it's simply edit-warring. --Hipal (talk) 15:51, 15 May 2021 (UTC)

Commons files used on this page or its Wikidata item have been nominated for deletion

The following Wikimedia Commons files used on this page or its Wikidata item have been nominated for deletion:

• ChinaRise.jpg (discussion)
• Principles - Ray Dalio.jpg (discussion)

Participate in the deletion discussions at the nomination pages linked above. —Community Tech bot (talk) 01:01, 6 May 2021 (UTC)

Views on Singapore and Russia

In addition to China, Dalio has rather controversial views on Singaporean and Russian leaders:

• https://www.youtube.com/-P-EQAtLRBM?t=367
• https://www.youtube.com/watch?v=11465Cz78kc

WSJ reported questionable relationship between Dalio and Putin (arguably, WSJ may be presenting it more menacing than it is):

Several years ago, Mr. Dalio arranged a conversation with Russian President Vladimir Putin to discuss economic policy, said some of these employees. Employees expressed concerns about engaging with the autocratic leader, and Mr. Dalio told one that “if you’re so smart, why aren’t you rich?” according to people who heard the comment.

Mr. Dalio overruled the dissenters. Indeed, Mr. Dalio went on to meet with Mr. Putin several times in person, one of the people said. Other employees believed Mr. Dalio was right to discuss economic policies with Mr. Putin.

Representatives of Mr. Putin declined to comment, and Mr. Dalio declined to comment on the discussions. The company said it does not disclose “who Bridgewater people meet with.”

Lastly, the article doesn't say anything about the contents of his latest book, "The Changing World Order", where he eerily substantiates a theory that due to "unique confluence" (decline) of economical cycles, American world is due for a likely military attack by a "rising world power" that would attempt to upset the world order. (My impression from the book was that he predominantly means China though.) PaulT2022 (talk) 01:36, 28 June 2022 (UTC)

Rise to prominence - 2020 losses

A few sources for a major failure of the fund performance in 2020, which the article currently omits:

• https://www.ft.com/content/6addc002-6666-11ea-800d-da70cff6e4d3
• https://www.bloomberg.com/news/articles/2020-11-06/bridgewater-loss-stuck-at-18-6-in-main-fund-after-model-tweaks
• https://www.economist.com/finance-and-economics/2020/07/30/bridgewater-faces-losses-and-a-lawsuit

I believe there also was an interview or blog post of Dalio personally, where he discusses it.

Probably should be added to "Rise to prominence". PaulT2022 (talk) 01:44, 28 June 2022 (UTC)