Hedge Fund Is Building an Algorithmic Model From Its Employees’ Brains
I think this....<p>&gt; Mr. Dalio returned to run Bridgewater earlier this year after stepping back to a mentor role six years ago.<p>Is what&#x27;s driving almost all of his new found desire for a unified AI to run everything.<p>Here you have a man who by any measure has been wildly  successful, he tried stepping back and letting other take over but ended up finding that the team he left in charge didn&#x27;t make the exact decisions he would have.<p>If the story ended there it wouldn&#x27;t be in any way surprising, who hasn&#x27;t left a team and second guessed the decisions that the new leaders have made.<p>It turns out that when you are worth 15 Billion one of the things you can do is hire a shit load of AI experts, like one of the heads of IBM&#x27;s Watson team, to build an AI to  make decisions based on WWRDD, &quot;What would Ray Dalio Do&quot;?<p>Since his first retirement failed, this is his new take on how to have his second retirement go smoother.  Just build an AI that bases all decisions on the Bridge water principles that he wrote down years ago.<p>see: <a href="https:&#x2F;&#x2F;www.principles.com&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.principles.com&#x2F;</a><p>As an aside, he recently let Tony Robbins publish his ideal portfolio, the all weather portfolio.  It&#x27;s actually a  pretty strong portfolio for the average person.<p><a href="http:&#x2F;&#x2F;awealthofcommonsense.com&#x2F;2014&#x2F;11&#x2F;back-testing-tony-robbins-weather-portfolio&#x2F;" rel="nofollow">http:&#x2F;&#x2F;awealthofcommonsense.com&#x2F;2014&#x2F;11&#x2F;back-testing-tony-ro...</a><p><a href="http:&#x2F;&#x2F;www.moneysense.ca&#x2F;invest&#x2F;raining-on-the-all-seasons-portfolio&#x2F;" rel="nofollow">http:&#x2F;&#x2F;www.moneysense.ca&#x2F;invest&#x2F;raining-on-the-all-seasons-p...</a>