> during the heat of the exit negotiations, Mr. Dalio described the hedge fund as his “property rights,” according to one employee, and indicated that he expected to be compensated accordingly.

Bridgewater is a publicly traded company which manages public institutional resources and funds.

Why should it continue to pay out to the founder after they've departed? Has Mr. Ray not already received numerous remarkably healthy payouts along the way?

I don't understand how this makes any sense, what am I missing?

Edit: thank you @jmillikin, super helpful.

This makes a tremendous difference. Had not heard of Bridgewater until today.

https://www.google.com/search?q=is+Bridgewater+publicly+trad...

Card:

> Is Bridgewater Associates a public company?

> Bridgewater Associates is a public company headquartered in Connecticut with an estimated 1,500 employees.

F google, got it dead wrong.