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ahosai · 1487 days ago · link · · parent · post: Bridgewater has just bet a billion and a half on a March recession.
How is Bridgewater positioned with the other 99% of their AUM? That's the real question. If you have 1% index puts but the other 99% of your folder is long stocks - that would be a hedge. If you have 1% index puts, 24% treasuries, 25% gold and 50% cash - that is a bet on a recession.
Not sure. The play made 'em $4B - and Dalio has been doing this long, tedious, "I'm a terrible writer" song'n'dance for like five months now.