Bridgewater Co-CIO Karen Karniol-Tambour on Bloomberg Wealth

Bridgewater Associates Co-CIO Karen Karniol-Tambour talks about rising through the ranks to become Co-CIO and the state of the company after Ray Dalio stepped down. This episode of "Bloomberg Wealth with David Rubenstein" was recorded August 30th in Westport, Connecticut.
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[DiphetogoSeoketsa]

Ray has created such a powerful hedge fund

[pneron]

I dont understand the timeline. Did she go to Princeton younger than 18?

[tenningale]

I worked at Bridgewater and Greg Jensen and Bob Prince are definitely more talented than Karen. Karen is good at academic learning. As for creativity, thinking originally, and coming up with her own ideas, not so much. She just repeats other people's insights and benefited a lot from Dalio liking her personally. Rebecca Patterson was really good but left. Bridgewater is also systematic and the CIOs don't really pull on the levers in a discretionary way like other firms.

[organizer]

We really admire Ray Dalio! Congratulations!

[Nobody-rkm]

Damn good question what rate of return u give as compare to S&P 500 obviously she dodged the question because it must be less

[Jay-utov]

Their Risk parity fund struggles against the Vanguard stable value index fund

[michaelboguski]

"Young people love shopping with Amazon for Chinese products".
You can quote me on that.

[mastertradingflow]

A bit of radical transparency: Karen's answer on sustainability, min 7.07 was very disappointing. I perceived it as " you tell us how sustainable you are and you tell us how sustainable you want us to be, and we will give you that kind of answer and we will make with your money that kind of investment... just give us the money". This may sound like a good flexibility and collaboration with the customers but in a sense reveals a lack of internal governance and a strong sustainability framework inside the company... It is like, just give us the money and if you forget about sustainability we will also forget about this... who cares... meeeh

[prudhviraj]

Not sounding as conspiracy 😅 but she does seem closely related to gal Gadot

[davidcoard]

Is she a mugwump? That is someone who is non-committal, sitting on the fence with their mug on one side and their wump on the other

[yhuangaa]

I think she just wants to sell him bridgewater is cool but he didn’t bite looollll

[rajbanwait]

refi 2020 2023 High Rate Mortgages for for 60 years of labor to buy a house...

[Nobody-rkm]

Good sales women for sure. I wonder if she worked for used car sales before

[moregel]

Why someone has to have so much body language n funny expression when she talks....

[vedantkale]

She seems like a person who was pulled up because she was a favorite of someone higher up. All of the same corporate bullshit, good sounding, scripted lines being repeated by her mouth. It doesn't seem she truly understands the game, like say Howard marks does, whose interview I watched recently. Just a person who simply follows the set rules right from the beginning.