Via Zerohedge

Bridgewater founder Ray Dalio’s feud with the Wall Street Journal stretches back to at least 2016, when WSJ reported that the world’s biggest hedge fund was trying to build an algorithmic model of its employees’ brains, a report that was vigorously denied by Dalio and Bridgewater.

But the paper’s latest long-form piece about Dalio and Bridgewater was especially scathing. Essentially, the paper accused Dalio of being a fraud who portrays himself as a champion of deliberate and hyperrational thought and debate, but is privately vindictive and intolerant of dissent and perceived disloyalty. And they didn’t even get into Dalio’s latest embarrassing virus-inspired flip-flop.

The billionaire hedge fund took to LinkedIn over the weekend to publish a screed lashing out at WSJ’s “fake and distorted” news.

Then on Monday morning, he followed that up with a series of tweets thanking his ‘supporters’ and asserting that he will be “fine”, in case anybody was worried about how he was handling this latest media dragging.

But just in case you were worried about Dalio, (for example, if you depend on his reputation for a paycheck), he’s arrived to insist that you shouldn’t worry about him. No, dear reader: what you should be worried about is the corrosive effect that all of this fake and distorted coverage has on society. Dalio’s case is but one example among thousands that transpire every day.

We wonder: Has Dalio spoken to the president lately? When was the last time he really ‘took the temperature of the room’ in Westport?

Either way, we’d like to welcome Ray to the party. We couldn’t have put it better ourselves. Though for somebody who’s worried about distorted media narratives, Dalio sure spends a lot of time on CNBC.

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