Top hedge fund earnings 2011 – View gallery and compare earnings.
Ray Dalio Bridgewater Associates Style: Quantitative investor Location: Westport, Conn. Headquarters: Westport, Ct. Earnings: $3 Billion With $120 billion in assets,
Ray Dalio Bridgewater Associates Style: Quantitative investor Location: Westport, Conn. Headquarters: Westport, Ct. Earnings: $3 Billion With $120 billion in assets, Dalio’s Bridgewater Associates continued to post spectacular results in 2011 even as the average hedge fund lost money. With big bets on U.S. and German government bonds, Dalio’s funds produced returns in the 20% range in 2011. His methods are controversial and include videotaping meetings and encouraging brutal honesty among staffers. This tactic has paid off handsomely during the recent market turmoil. The son of a jazz musician, Dalio founded Bridgewater in his Manhattan apartment in 1975. At age 62, he is now trying to make sure the firm survives him, ceding more responsibility to senior staff and selling chunks to his employees and clients. Read More: http://www.hedgeho.com/ray-dalio-bridgewater-blackbox-revealed/ If there were a high philosopher of hedge funds, Ray Dalio would want to be that man. Prone to aphorisms such as “Bridgewater is a community in which our fates are intertwined” and “Money doesn’t bring happiness; the pursuit of excellence does.” Old Hand: “A truly brilliant quant, but his results have been mixed.” Hedge-Fund Investor: “Along with Simons, co-king of the quants.” Young Buck: “Steady but unspectacular; quietly built a money-management powerhouse.”
Hedge fund managers that earned the biggest bucks last years.