The COVID-19 crisis has created a significant impact on people's lives. For investors, it has also accelerated the transition into a new paradigm of zero interest rates and coordinated monetary and fiscal policy. Explore our research on how we got here and how to navigate this new environment.
Our employees are known for the unconventional paths that lead them here — and CEO David McCormick is no exception. Learn how each part of David’s journey, from the Gulf War to the US Department of the Treasury, prepared him to lead Bridgewater.
Amidst a national groundswell in conversation about racial injustice, the Bridgewater Black Network and its allies invited the entire Bridgewater community to a special event, created in the spirit of educating the Bridgewater community about the lived experience of Black people in America.
Bridgewater's competitive edge is our pioneering workplace culture. We believe meaningful work and meaningful relationships emerge when you assemble high-performing teams and push them to engage in rigorous and thoughtful inquiry.
Our culture of meaningful work and meaningful relationships, and radical truth and radical transparency makes working at Bridgewater a unique place for personal and professional growth. Learn why 92% of employees say Bridgewater is a “great place to work.”

What We Do

Bridgewater Associates is a premier asset management firm, focused on delivering unique insight and partnership for the most sophisticated global institutional investors.

Our investment process is driven by a tireless pursuit to understand how the world’s markets and economies work — using cutting edge technology to validate and execute on timeless and universal investment principles.

Founded in 1975, we are a community of independent thinkers who share a commitment for excellence. By fostering a culture of openness, transparency, and inclusion, we strive to unlock the most complex questions in investment strategy, management, and corporate culture.

Latest from Bridgewater
April 14, 2021
Karen Karniol-Tambour and Carsten Stendevad to lead effort as Co-Chief Investment Officers for Sustainability.
April 9, 2021
As a 15-year veteran of the firm, Director of Investment Research Karen Karniol-Tambour oversees teams of investors developing systematic insights on global markets and economies as well as the firm’s ESG research and sustainable investing efforts. She is recognized alongside an inspiring group of trailblazers in the finance world.
March 13, 2021
Co-CIO Bob Prince warns that the recent sell-off in US government bonds could accelerate if the Fed bumps into constraints, in a shift that threatens high-flying assets including blank check companies and cryptocurrencies. Bob explains that a new phase of the downturn in the $21tn Treasury market or risks to the dollar could loom as economic growth improves and inflationary pressures push the Federal Reserve into having to choose between keeping bond yields from rising or letting them go.
March 11, 2021
Ray Dalio, Robyn Shepherd
Since 2003, through Dalio Philanthropies, Bridgewater Founder Ray Dalio and his family have contributed over $1 billion to a wide range of meaningful causes — including health equity, social entrepreneurship, education, ocean exploration, and much more. In a conversation with Head of Corporate Engagement Robyn Shepherd, Ray discusses his approach to giving, why it’s a priority for him and his family, and the impact every individual can have.
March 16, 2021
Karen Karniol-Tambour
Large, liquid public markets present many opportunities for investors seeking to incorporate environmental and social goals in their portfolios and create impact at institutional scale. Director of Investment Research Karen Karniol-Tambour discusses how investors can consider implementing sustainability assessments across asset classes at Top1000Funds Sustainability Digital 2021.
March 8, 2021
Director of Investment Research Rebecca Patterson joined Bloomberg to describe three key factors that will determine how high bond yields could rise. 
February 3, 2021
Afsaneh Beschloss shared reflections on her decades-long career in finance which has spanned leadership positions at many leading institutions, including RockCreek, where she is Founder and CEO.
Diversity and Inclusion is a top priority at Bridgewater. Learn more about the D&I work that is essential to living out our values and succeeding on our mission.
February 2021
Co-CIO Greg Jensen spoke at the MIT Sloan Investment Conference to discuss Bridgewater’s systematic decision making approach, the role of artificial intelligence in investment management, and the impact it will have on financial markets and economies going forward.
February 2021
The former commanding officer of SEAL Team TWO returned to Bridgewater to share his new book, “Never Enough,” and discuss leadership lessons from his experience behind enemy lines, as an advisor in two White Houses, and most recently, corporate boardrooms.
March 8, 2021
Director of Investment Research Karen Karniol-Tambour joined CNBC’s "Closing Bell" to explain how the prospect of a strong post-virus recovery has created a dilemma for the Federal Reserve.
February 2021
As a capstone to the firm's Black History Month celebration, Dr. Thomas spoke to the Bridgewater community about his passion for advancing Black excellence, recounting both personal experience and decades of research as a leading expert on organizational behavior.
March 8, 2021
An 11-year veteran of the firm, Co-Lead of Equity Research Erin Miles has pioneered our systematic approach towards carrying out micro research at scale. She is recognized alongside other industry leaders making impact well beyond their professional accomplishments.
March 8, 2021
All year long, we ask our best people to represent us on the biggest stages. On International Women’s Day, it is fitting that Karen Karniol-Tambour, Rebecca Patterson, Erin Miles, and Helene Glotzer are talking to the world about their views on markets and leadership.
February 24, 2021
Rebecca Patterson
Director of Investment Research Rebecca Patterson joined Bloomberg TV to discuss the prospect of rising bond yields and inflation, whether stock prices reflect bubble-like territory, and what’s required before investors can consider Bitcoin a reliable storehold of wealth.
February 2, 2021
Ray Dalio
Are we in a stock market bubble? Bridgewater Founder and Co-CIO Ray Dalio unpacks the framework he developed to answer this question when faced with changing markets.
January 2021
Bob Prince, Ray Dalio, Greg Jensen
We invite you to explore excerpts from our 2021 Global Outlook, in which we lay out the key dynamics in markets and economies that we think will be particularly important in the coming years. We explore how the COVID-19 crisis has accelerated the transition into a new paradigm of zero interest rates, coordinated monetary and fiscal policy, and heightened internal and external conflict — and what this means for economies, markets, and investors.
January 27, 2021
Bob Prince
Co-CIO Bob Prince joins Bloomberg TV to discuss how the depreciation of cash and unattractive rates have created a risk of significant wealth destruction, forcing investors to look elsewhere for returns and causing a massive rebalancing of wealth between the East and West.
January 21, 2021
In a Q&A with Bloomberg’s Erik Schatzker, CEO David McCormick addresses the challenges facing policymakers today against a backdrop of enormous uncertainty and polarization. He describes why, despite the effects of the pandemic and concerns about inequality, he remains optimistic about the future.
January 28, 2021
Ray Dalio, Rebecca Patterson
With bond yields near zero and pressure on policy makers to diminish the value of fiat currencies, investors are increasingly looking for alternative storeholds of wealth. Bitcoin, the original cryptocurrency, has received a lot of attention as a potential candidate especially with its recent ascent to new historic highs. Our research team explores this topic.
January 26, 2021
David McCormick
At Bloomberg’s “The Year Ahead” summit, CEO David McCormick considers the persistent challenges America will face even after a recovery from the pandemic — rising inequality and competition for global leadership — while emphasizing how uncertainty in global markets and economies will force investors and policymakers to prepare for a wide range of potential outcomes.
December 17, 2020
Take a look inside our weekly research meeting where Bridgewater’s co-CIOs and senior investors discuss some of the major questions we’re wrestling with. You will hear a brief discussion between Co-CIO Greg Jensen, senior investors Larry Cofsky and Jason Rotenberg, and Senior Portfolio Strategist Jim Haskel, on the different paths for Federal Reserve policy in 2021 given the economic recovery and the distribution of the COVID-19 vaccine. They also debate the future shape of the yield curve and implications for inflation-hedge assets such as gold.
December 18, 2020
Director of Investment Research Rebecca Patterson joined Bloomberg TV to explain hedging currency risk, balancing assets to generate returns in a zero-interest rate environment, and the Fed’s role in helping facilitate economic growth in coordination with fiscal support looking ahead.
January 2021
The past year brought about hardships and tragedy that few could have predicted. As 2020 unfolded, these challenges prompted individuals and teams at Bridgewater to step up in new ways to serve our clients, our community, and one another. Looking back on the year, the Bridgewater team produced a video that was viewed together on the final all-company call of 2020. With the permission of those involved, we invite audiences to watch a version of that video and hear our community reflect on a year that won’t be forgotten.
December 4, 2020
In a comprehensive interview with Barron’s, Director of Investment Research Karen Karniol-Tambour discusses the trends that will dominate the post-pandemic investment world, including diversification with interest rates at zero, the increasing power of fiscal policy, and what China’s latest five-year plan means for investors.
November 2020
Ray Dalio, Kevin Rudd, David McCormick, Jim Haskel
The US-China relationship will undoubtedly be the most important bilateral relationship impacting the world over the next decade. In this three-part series, Bridgewater Founder and Co-CIO Ray Dalio, former Prime Minister of Australia Kevin Rudd, and Bridgewater CEO David McCormick put the US-China relationship in context. They explain how it has developed, what the major points of competition are, and how the evolution of this relationship may impact investors.
December 1, 2020
A seven-year veteran of the firm, Jenn made Bridgewater history as the youngest person ever to be promoted to her role as a strategist and advisor to our clients.
December 14, 2020
Nearly 300 of our employees have been at Bridgewater for a decade or longer and every year we honor all those who are reaching their 10-year milestone. We recently welcomed 53 new members into this special group in a virtual celebration, toasting all of them for their contributions to the firm and to our community. Watch highlights from the event and reflections from employees about what ten years has meant to them.
November 24, 2020
Director of Investment Research Rebecca Patterson joined CNBC to explain why the zero-interest-rate environment is causing investors to use large tech stocks as a way to get the kind of protection they used to get from bonds.
December 1, 2020
In a year that brought unprecedented challenges, Bridgewater has been proud to partner with organizations on the front lines to support our communities. Learn more about our local involvement and employee donation matching program.
November 18, 2020
Participating in the “Making Business Better for Everyone” panel at the Financial Times “Women at the Top” Summit, Head of Corporate Engagement Robyn Shepherd discussed with other industry leaders the importance of bringing more men into the conversations on gender equity.
Directors of Investment Research Karen Karniol-Tambour and Rebecca Patterson and Co-Lead of Equity Research Erin Miles join CEO David McCormick to discuss our latest research initiatives and offer advice from their journeys to the top of Bridgewater’s investment team.
November 17, 2020
Co-CIO Greg Jensen joined Reuters’ “The Exchange” podcast with Anna Szymanski to discuss the paradigm shift the US faces as the era of monetary policy dominance ends and fiscal action becomes the major driver of growth. Greg describes the macroeconomic landscape, geopolitical tensions, and storeholds of wealth, encouraging investors to rethink their approach to asset classes.
November 11, 2020
Bridgewater’s Head of Corporate Engagement and 16-year veteran of the firm is recognized alongside other industry leaders for her impact, leadership, and mentorship of others.
November 2020
David McCormick, Ray Dalio
In a wide-ranging conversation, CEO David McCormick interviews Bridgewater’s Founder and Co-CIO, Ray Dalio, about his journey through the various phases of life and the transition of Bridgewater to the next generation of leaders. Among many words of wisdom, Ray offers this advice: “Be audacious and humble at the same time.”
October 2020
As a former CEO, and now board member for Verizon, Nordstrom’s, and more, Shellye Archambeau’s advice and expertise is in high demand. In the latest installment of our Distinguished Speaker Series, the author of “Unapologetically Ambitious: Take Risks, Break Barriers and Create Success on Your Own Terms” joined Bridgewater staff for a powerful conversation on courage, candor, and resilience.
The lack of volatility following the 2020 US election can be attributed to dominant forces shaping today’s markets and economics. Co-CIO Bob Prince joined “Squawk on the Street” to discuss these conditions, why the benefits of the liquidity don't affect all assets equally, and why a shift in politics is unlikely to ease these pressures.
November 3, 2020
Bob Prince, Melissa Saphier
While the election is very important across many dimensions, it’s worth keeping in mind that the dominant forces shaping economic and market conditions remain the same — the virus is a huge and ongoing drag on spending, monetary policy is at the end of the line, policymakers are making cash as unattractive as they can, and the shift of economic power from West to East has accelerated. Co-CIO Bob Prince and senior investor Melissa Saphier explore where we stand with regard to these key conditions.
October 13, 2020
Rebecca Patterson
In a recent panel hosted by the Council on Foreign Relations, Director of Investment Research Rebecca Patterson was asked whether investors seem overly bullish about the prospects for a vaccine and pandemic recovery.
October 28, 2020
As our Chief Legal Officer and Corporate Secretary, Tracey Yurko leads the legal and corporate governance functions for Bridgewater, managing legal risk across the firm and its funds. She was recently recognized by Corporate Counsel as a recipient of their 2020 “Women, Influence & Power in Law” award, honoring top lawyers who have made a remarkable difference in the legal profession.
September 21, 2020
In the midst of a remote work environment, Bridgewater sought ways to allow team members to safely meet in person — to facilitate collaboration and benefit from the richness of face-to-face interactions. Our team responded by building a tented outdoor office space at our Westport, CT headquarters.
In an appearance on Bloomberg TV, Co-CIO Bob Prince asserted that the dynamics of the current prevailing economic forces will persist, and reiterated the importance of geographic diversification as the East and West continue to see divergent outcomes with respect to the impacts and response to COVID-19.
September 2020
Bridgewater’s Distinguished Speaker Series welcomed Stephen A. Schwarzman, Blackstone’s chairman, CEO, and co-founder. Schwarzman recounted his experience growing Blackstone from a mere idea to one of the world’s leading investment firms, the values he champions in his employees, and how he picks his philanthropic projects.
September 9, 2020
Drawing on leadership experience from the Israeli Defense Forces, the United Nations, and as an entrepreneur, Bridgewater’s Co-Head of Investment Engine was recognized alongside other influential changemakers in the industry.
September 10, 2020
Greg Jensen, Melissa Saphier, Josh Lewin, Nikolai Doytchinov
Is the gold rally behind us? Why hold an asset that doesn’t offer any yield? Is it really wise to add exposure to such a small market? Greg Jensen and our research team address these questions, share some perspective on gold, and explore its unique role in protecting portfolios in the new paradigm — a world of ongoing pressure for policymakers across the globe to print and spend, zero interest rates that make bonds more or less dead weight, tectonic shifts in where global power lies, and conflict.
September 29, 2020
Fulfilling dual roles as a researcher and idea-generator within our investment engine, as well as partner to Bridgewater’s sophisticated institutional client base, Senior Portfolio Strategist Phil Dobrin has established an impressive track record. He is recognized by Business Insider alongside a short list of others expected to be the next crop of leaders in finance.
In a recent interview with Barron’s Randall Forsyth, Co-CIO Bob Prince discusses how persistent zero bond yields are impacting a traditional 60/40 portfolio, where investors should now look for store holds of wealth, and why geographic diversification in portfolio construction is more important than ever.
August 2020
The latest installment of Bridgewater’s Distinguished Speaker Series welcomed Hollywood producer Brian Grazer. Named one of Time’s “100 Most Influential People in the World,” Grazer co-founded Imagine Entertainment with cinema legend Ron Howard in 1986 and is responsible for iconic titles like Splash, Apollo 13, and A Beautiful Mind.
August 6, 2020
Greg Jensen, Jason Rotenberg, Jim Haskel
In the wake of the COVID-19 crisis, we have built out our framework for understanding economic policy going forward: what we call Monetary Policy 3. In short, with interest rates around the world at zero and traditional methods of monetary stimulus now ineffective, policy makers have been forced to turn to coordinated monetary and fiscal policy in order to engineer any hope for a sustained recovery. Senior Portfolio Strategist Jim Haskel sits down with Co-CIO Greg Jensen and senior investor Jason Rotenberg to discuss how we’re tracking MP3 implementation around the world, the divergences we’re seeing between countries, and the challenges policy makers are facing.
July 2020
As part of Bridgewater’s Distinguished Speaker Series in which changemakers share their expertise, Shamil Idriss, CEO of the global peacebuilding organization Search for Common Ground, joined Bridgewater staff for a conversation that covered the dynamics of conflict, the state of conflict in the world today, and peacebuilding approaches that anyone can apply to their own lives — including at home and in the workplace. The efforts of Search for Common Ground around the world earned it a nomination for the Nobel Peace Prize in 2018.
Our Co-Head of the Americas Region, Alan Bowser, has been named to the 2020 EMpower Ethnic Minority Executive Role Model List, supported by Yahoo Finance.
June 12, 2020
Amidst a national groundswell in conversation about racial injustice, the Bridgewater Black Network and its allies hosted a two-part presentation to educate the Bridgewater community about the experiences that have shaped the lives of our Black colleagues and to briefly illustrate America’s history of systemic racism across several dimensions. With permission from all involved, we are sharing a recording of the event in case individuals or organizations find it useful.
In a fireside chat hosted by Declare, CEO David McCormick interviews Director of Investment Research Karen Karniol-Tambour about her rise through the ranks of Bridgewater, the value of mentorship and feedback, and her outlook on the global economy.
In an exclusive interview on "60 Minutes" with Bill Whitaker, our founder, co-chairman and co-CIO Ray Dalio discusses the American dream, philanthropy, and life inside Bridgewater.
Long before Angela Ruggiero (’14-’15) joined Bridgewater Associates, it became clear that she thrives on the cutting edge. At nine years old, she was cut from an all-star hockey team for being a girl, even though she was among the best players on the ice. Her father gave her a choice. “You can quit and prove them right, or you can get on the horse and prove them wrong,” she recalls him telling her: “I chose the latter, and it was the best moment of my life.”
The Human Rights Campaign is the country's premiere organization supporting LGBTQ+ civil rights. Their annual Corporate Equality Index is considered the gold standard for companies and organizations that strive to be inclusive of members of the LGBTQ+ community. Earning a top score of "100," Bridgewater is proud to be recognized as a top workplace for LGBTQ+ talent.
Explore Bridgewater
  • BobPrince_KKT_1.jpg
    Access a collection of our economic insights
  • Principles and Culture Homepage Thumbnail
    Learn about our pioneering workplace
  • BW_people_header_v1_scrubbed.jpg
    Meet our community of independent thinkers
  • Hackathon group work.jpg
    Explore career opportunities
  • Diversity and Inclusion  Homepage Promo Image
    Our approach to building a diverse and inclusive workplace
  • Stay Informed
    Sign up to receive our latest research on the forces shaping global economies and markets.
    Almost there.To complete your signup, verify your info by following the instructions in the email we just sent you.
    Sorry, there has been an error.
Stay Informed
Sign up to receive our latest research on the forces shaping global economies and markets.
Almost There!
We'd like to know you a bit better!
You're almost finished.
To complete your registration, click the confirmation link in the email we just sent you.
Sorry, there has been an error. Please start over and try again.

Disclaimer & Agreement


Bridgewater Associates, LP is a global investment management firm. Bridgewater Associates, LP advises certain private investment funds and institutional clients, and is not available to provide investment advisory or similar services to most other investors. This website is a resource for audiences other than investors such as potential employees, researchers, students, counterparties and industry participants. Bridgewater Associates, LP believes it is useful for such persons to have an accurate source of relevant information. Under no circumstances should any information presented on this website be construed as an offer to sell, or solicitation of any offer to purchase, any securities or other investments. This website does not contain the information that an investor should consider or evaluate to make a potential investment. Offering materials relating to investments in entities managed by Bridgewater Associates, LP are not available to the general public.

To view this content, you must agree to the following terms, in addition to and supplementing the Bridgewater Terms of Use and Privacy Policy:

I confirm to Bridgewater Associates, LP and agree that:
  • I am entering this website only to obtain general information regarding Bridgewater Associates, LP and not for any other purpose.
  • I understand that investments managed by Bridgewater Associates, LP are not available to the general public.
  • I understand that this website does not contain the information I would need to consider for an investment, and that such information is only available to a limited group of persons and institutions meeting specified criteria.
  • I understand that this website has not been reviewed or approved by, filed with, or otherwise furnished to any governmental or similar authority, and is intended only to provide limited information to members of the public who have a legitimate interest in that information for reasons unrelated to making investments.
  • I understand that when Bridgewater Associates, LP makes third party information available, Bridgewater generally will not have verified statements made by the third party, and the presentation of information may omit important information.
  • I understand that third party materials such as live interviews made available by Bridgewater Associates, LP generally will not have been edited by Bridgewater and statements in those materials by individuals associated with Bridgewater should be understood in the conversational context in which they were made, which may include providing historical background.
  • The content constitutes the proprietary intellectual property of Bridgewater or its licensors and that I will not directly or indirectly copy, modify, recast, create derivative works, post, publish, display, redistribute, disclose, or make available the content, in whole or in part, to any third parties, or assist others to do the same, or otherwise make any commercial use of the content without the prior written consent of Bridgewater.

By registering my information below and clicking "Agree," I certify that I have read, understand and agree to the foregoing Disclaimer, Terms of Use and Privacy Policy.
This website uses cookies. Click here for additional details. By continuing to use this website, you consent to the use of cookies.

Internet Explorer is not supported by this website.

For optimal browsing we recommend using Chrome, Safari, or Firefox.