Ex–Bridgewater Insider Reveals the Hedge Fund Secret No One Talks About

In this episode of "In the Money with Amber Kanwar," Amber interviews Bob Elliott, CEO and CIO of Unlimited Funds and former head of research at Bridgewater. Bob discusses his firm's mission to replicate hedge fund strategies at ETF prices, challenging the notion of individual hedge fund outperformance and advocating for diversified, low-cost indexing. The conversation explores macro trends, the U.S. data vacuum, the Federal Reserve's policy decisions, and the impact of AI on the economy, with Bob sharing insights on triangulating economic data and the potential risks in AI investments and private credit. They also delve into the U.S. dollar's direction, the yen carry trade, gold's role in portfolios, and the specifics of Unlimited Funds' ETF offerings, including the Multi-Strategy Return Tracker, Global Macro ETF, Equity Long Short ETF, and Managed Futures ETF.