The secret history of Ray Dalio and the creation of Chicken McNuggets—how a 1980s hedge strategy unlocked a whole new menu
The Bridgewater founder began as a commodities expert and doesn’t claim credit: “the cost of a chicken has nothing to do with the price of the chick.”
The Bridgewater founder began as a commodities expert and doesn’t claim credit: “the cost of a chicken has nothing to do with the price of the chick.”
BELLINGS Intelligence Score: 5
Why it matters
This is an interesting historical anecdote about Ray Dalio and a hedge strategy from the 1980s, but it does not represent a current market-moving event or impact credit markets, underwriting, or regulation.
Sources
Fortune
The secret history of Ray Dalio and the creation of Chicken McNuggets—how a 1980s hedge strategy unlocked a whole new menu
The Bridgewater founder began as a commodities expert and doesn’t claim credit: “the cost of a chicken has nothing to do with the price of the chick.”