And here’s what they’re doing about it! HFA reports:
For more than 30 years, Bridgewater Daily Observations has provided clients with “real-time thinking in the global financial markets,” Ray Dalio said in a May 27 email to his investors. The problem, Dalio said, is that some of his readers are sharing the newsletter with others, including competitors and the media. This threatens the “tradition of open, quality communication,” he added.
Bridgewater…will now require investors and other recipients of the newsletter to install special software designed to prevent the emailed document from being forwarded or printed. Installing the technology requires “minimal effort” Dalio said, and can by done anytime over the “next few months.”
Which is fine, we guess, if you’re not interested in thinking outside the box. Since we always took RD to be an outside the B thinker, we’re going to take this opportunity to a) note that this is the sort of pedestrian measure we’d expect from a lesser firm throwing a hissy fit over people circulating their “we’re down 70 percent” updates and b) implore him to come up with something better. Some jumping off points include emailing the Daily Observations with an FYI that any attempts to forward or print will cause not only the email but the device it’s being read on to self-destruct, sending it out one syllable at a time, or requiring investors to appear in person at Bridgewater to have the letter read aloud to them (by a rotating roster of enticing celebrity guests). Surely you can do better.
it’s because everyone loves you RD
Dalio suffers from acute paranoia.
@2- more so than SC?
What a nutjob
camera phones are great
Screen grab, anyone?
@3- too close to call dude
@3- too close to call dude
get over yourself dalio
Of course, the solution, is just not to send out any letters, which I’m sure would go over quite well.
I may have missed this, but has ep officially left db?
@10- she left a 10,000-word comment the other day claiming to be on vacation (ie posting more sahara-dry humor under the name ‘marla singer’ at ZH).
EP is locked in the basement of ANUS’s mom’s house.
anyone that is not a B’water client has to install some wetware [the blue pill?] that triggers hysterical blindness any time they attempt to read an unauthorized letter.
Yeah, that’ll fix it
I’m batting 0 for 1532 in printing those out and never reading them.
@10, yes, she joined carney at clusterfuck
face it, RD, everyone wants to hear what you have to say.
Asinine.
Let me guess, they bought this software from some outfit that doesn’t know what it’s doing, and probably is only compatible with Windoze.
fuck you dalio, how am I supposed to come up with anything now?
-SC
First, return to IB legal status…
Second, World Financial market domination…
Third, Intergalactic Super Empire!
@ 11, ty
-10
did they just figure out how to watermark and lock pdf’s? this is a firm that provides “real-time thinking”, really?
@15
And “her” real name is Joe Weisenthal.
jumping off points not jumping of points…
wow, 24, thank you for noting the missing ‘f.’ you are a vital member of this team.
Thanks a lot 26.
@24
dont be so self congratulatory
@24
finance must be a rough place for a guy with your numerical skills
there goes vik’s plan to save money on TP….
http://en.wikipedia.org/wiki/Streisand_effect
people will never learn
pearl necklace of wisdom
pearl necklace of wisdom
Allowing a hedge fund to install software that has sufficient access privileges to your email client that it is able control user behavior of messages? Anyone who voluntarily goes along with this deserves to be screwed like muffie in heat.
I would rather not read his precious note than put that shit on my computer.
What is their ytd #?
@34 they don’t share that info to investors
@34 they don’t share that info with investors
How come AQR doesn’t produce daily news letters?
i think the hfa link might be bad. also, guess someone leaked that letter to hfa so looks like that plan didnt work too well. (i do realize that the software is most likely not installed yet)
@38- They publish their stories in a PDF, which you have to subscribe to…I can’t link to the actual story without putting the whole issue online, which they get testy about.
I hope someone over there “issue-logged” this matter.
They’re obviously not interested in attracting any new clients impressed with their brilliance or on keeping the 40% or so that will refuse to install this software.
What a self-important douche.
-SC
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