Ray Dalio’s Pure Alpha Fund Suffers First Loss Since 2000

The video discusses Bridgewater's recent underperformance, highlighting a drop in annualized returns and leadership changes with Eileen Murray's departure and David McCormick as CEO. It explores the fund's future strategy and compares its performance with competitors like Brevan Howard and Element Capital. Despite recent challenges, Bridgewater remains attractive to investors, evidenced by a significant waitlist for capital.

What larger question is facing hedge funds in relation to Bridgewater Associates?

What does the waitlist of about 5 billion indicate about Bridgewater Associates despite its recent performance?