Bridgewater Co-CIO Karen Karniol-Tambour on Bloomberg Wealth

Bridgewater Associates Co-CIO Karen Karniol-Tambour talks about rising through the ranks to become Co-CIO and the state of the company after Ray Dalio stepped down. This episode of "Bloomberg Wealth with David Rubenstein" was recorded August 30th in Westport, Connecticut.
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Like this video? Subscribe to The David Rubenstein Show on KZbin:
/ @davidrubenstein
Watch the latest episodes of "The David Rubenstein Show: Peer-to-Peer Conversations" here:
www.bloomberg.com/peer-to-peer
Learn more about David:
www.davidrubenstein.com/
Connect with us on...
Twitter: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
--------
Like this video? Subscribe to The David Rubenstein Show on KZbin:
/ @davidrubenstein
Watch the latest episodes of "The David Rubenstein Show: Peer-to-Peer Conversations" here:
www.bloomberg.com/peer-to-peer
Learn more about David:
www.davidrubenstein.com/
Connect with us on...
Twitter: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness

[@wyattgarrett2624]

she’s entertainingly expressive

[@user-vv2hz2hs7s]

Ray has created such a powerful hedge fund

[@achaetiendem]

Concerning markets, I trust and believe in Ray Dalio to make necessary decisions. Karen a great candidate.

[@FamilyMIKZ]

Smart and Talented ❤

[@achaetiendem]

Ok T-Bills I’m running with that haha

[@pneron2032]

I dont understand the timeline. Did she go to Princeton younger than 18?

[@marcwhite6267]

Not uncommon. Back in the day people used to go to Harvard at 14. The same with Oxford and Cambridge.

[@pneron2032]

@@marcwhite6267 What do you mean back in the day though? We're talking only about 15 years back with her

[@marcwhite6267]

I'm saying that it's not uncommon.@@pneron2032

[@viaggi3945]

17

[@pneron2032]

@@viaggi3945 hmm the maths makes it more like 16...I wish they had covered it in the interview

[@evelynramos445]

Good choice by Ray Dalio!

[@michaelboguski4743]

"Young people love shopping with Amazon for Chinese products". You can quote me on that.

[@ramanmittal6783]

Damn good question what rate of return u give as compare to S&P 500 obviously she dodged the question because it must be less

[@tenningale]

I worked at Bridgewater and Greg Jensen and Bob Prince are definitely more talented than Karen. Karen is good at academic learning. As for creativity, thinking originally, and coming up with her own ideas, not so much. She just repeats other people's insights and benefited a lot from Dalio liking her personally. Rebecca Patterson was really good but left. Bridgewater is also systematic and the CIOs don't really pull on the levers in a discretionary way like other firms.

[@InsuranceQuant]

Hi random internet commenter: maybe what you think is important for being an investment leader isn't actually what is important?

[@tenningale]

@@InsuranceQuant This is what people openly say at Bridgewater about each other (with them being right there) if you're not familiar, and nobody gets anywhere near as emotional and butthurt as you

[@matt49125]

Go woke, go broke?

[@davidglad]

Thanks for your _insider_ perspective and shout-out to radical transparency.

[@yhuangaa]

I think she just wants to sell him bridgewater is cool but he didn’t bite looollll

[@Jay-ut9ov]

Their Risk parity fund struggles against the Vanguard stable value index fund

[@lpcrypto8842]

Golden Sachs or Carlyle

[@rajbanwait325]

TriState Area...

[@prudhviraj2563]

Not sounding as conspiracy 😅 but she does seem closely related to gal Gadot

[@mastertradingflow]

A bit of radical transparency: Karen's answer on sustainability, min 7.07 was very disappointing. I perceived it as " you tell us how sustainable you are and you tell us how sustainable you want us to be, and we will give you that kind of answer and we will make with your money that kind of investment... just give us the money". This may sound like a good flexibility and collaboration with the customers but in a sense reveals a lack of internal governance and a strong sustainability framework inside the company... It is like, just give us the money and if you forget about sustainability we will also forget about this... who cares... meeeh

[@alexanderwoxstrom3893]

Their job is making money. Stake holder ESG capitalism is a scam. The climate crisis is real, but it’s up to government to create a playing field where destroying the climate is uneconomical. Bridgewater cannot be held accountable for anything other than returns to shareholders / investors. Stakeholder capitalism only results in greenwashing / mass scale lying, because underneath it all it will still be money that talks. So why expect anything else? Why lie to ourselves?

[@PA-eo7fs]

They’re serving the costumer

[@organizer14]

We really admire Ray Dalio! Congratulations!

[@davidcoard1978]

Is she a mugwump? That is someone who is non-committal, sitting on the fence with their mug on one side and their wump on the other

[@samuelirizarry69]

She’s an Israeli so yes

[@danieltzach8008]

First comment@

[@danieltzach8008]

Thank you for the content!

[@rajbanwait325]

refi 2020 2023 High Rate Mortgages for FREEEEEEEEE...thanks for 60 years of labor to buy a house...

[@ramanmittal6783]

Good sales women for sure. I wonder if she worked for used car sales before

[@moregel6597]

Why someone has to have so much body language n funny expression when she talks....

[@samuelirizarry69]

Another Jew

[@y_limit_yourself]

Hahahaha keep being mad that you aren’t as successful. You’re like a cute dumb little puppy

[@Johnsmith-do2js]

Yes we are the best

[@marcwhite6267]

God bless them!

[@marcwhite6267]

You are the best!@@Johnsmith-do2js

[@user-gi6md7px9p]

I was waiting for this comment 😂😂😂😂 Jesus

[@vedantkale1163]

She seems like a person who was pulled up because she was a favorite of someone higher up. All of the same corporate bullshit, good sounding, scripted lines being repeated by her mouth. It doesn't seem she truly understands the game, like say Howard marks does, whose interview I watched recently. Just a person who simply follows the set rules right from the beginning.

[@jimeyhat]

She's not that naive but she absolutely rode a wave of DEI entitlement that took her to a level of professional achievement that she never could have reached as a white, non-Jewish man, and her conceited tone suggests that she is completely unaware of that entitlement