Bridgewater Clarifies Its Artificial Intelligence Strategy

As readers have likely seen, there has been a lot of coverage lately focusing on David Ferrucci’s role at Ray Dalio’s Bridgewater Associates, and the firm’s artificial intelligence strategy. Given that we cover Bridgewater and the hedge fund industry, Bridgewater wanted to provide a statement of clarification on what the world’s largest hedge fund is doing. When ValueWalk first ran a story on this topic, the firm declined to comment on the matter (and rarely comments on strategy).

Readers can find the full statement from Bridgewater below.

Stay tuned for more coverage.


There has been a lot of speculation in the media, as well as some misunderstanding, about what Bridgewater is doing in the area of artificial intelligence, and with Dave Ferrucci.  We felt it was important to clarify this.


Ever since 1983 Bridgewater Associates has been creating systematic decision-making processes that are computerized.  We believe that the same things happen over and over again because of logical cause/effect relationships, and that by writing one’s principles down and then computerizing them one can have the computer make high-quality decisions in much the same way a GPS can be an effective guide to decision making. 

Like using a GPS, one can choose to follow the guidance or not follow it depending on how it reconciles.  It is through this never ending reconciliation process that the computer decision-making system constantly learns, and the learning compounds over time. 

It is because Bridgewater and Dave Ferrucci both have long and deep commitments to this area that Dave has recently joined Bridgewater.  It would be a mistake to think that this is a new undertaking for Bridgewater or that the process being used at Bridgewater is like some artificial intelligence systems that are based on data-mining rather than well-examined logic.

Bridgewater Clarifies Its Artificial Intelligence Strategy


Saved Articles

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Congrats! Are you a smart person?

We have an exclusive targeted & limited time offer for being a sophisticated and loyal reader.

ValueWalkPremium is a website and newsletter on the latest industry news much of which is not in the public domain and obtained via our sources.

We also have 10 years of resources on how to use this information to better your investment process.

Sign up for  today and get our exclusive content for 40% off. This is our second biggest discount ever!!

Use coupon code VIP20 or click on the button below

Limited time offer only ENDS 4/30/2020 or after the next 40 subscribers take advantage whichever comes first – please do not share this discount with others