For 50 years, Bridgewater has pursued one idea: the world can be understood. Markets and economies follow cause-and-effect relationships-and by understanding them, we think we can beat the markets and generate true uncorrelated returns (alpha) at significant scale. Our clients include some of the world's most sophisticated institutional investors who turn to us to use our unique insights to solve their biggest problems.
Generating alpha at scale is an exceptionally difficult task. It requires predicting the future and doing so better than the millions of other extremely smart, highly motivated people who are trying to do the same. Our investment strategies seek to understand and navigate macroeconomic shifts that drive the world's most liquid markets (bonds, currencies, equities, commodities, credit). These shifts have a very limited sample size (some of them haven't yet happened in our lifetimes).
Our approach is to start by digging deep to develop...