Billionaire bitcoin skeptic Ray Dalio was trolled on Twitter after gushing how much he enjoyed this year’s Burning Man festival. | Source: (i) Reuters/ Brian Snyder (ii) Ray Dalio Twitter Account; Edited by CCN
Ray Dalio, a billionaire investing guru and noted bitcoin skeptic, was teased for “ruining” Burning Man.
Dalio is the founder of Bridgewater Associates, which has $125 billion in assets under management. Bridgewater is the world’s largest hedge fund.
Burning Man is an annual festival where people gather to celebrate art and self-expression. This year, it took place Aug. 25 to Sept. 2 in the Black Rock Desert of Nevada. It’s like a modern-day Woodstock.
Dalio tweeted that he had just returned from Burning Man and loved it. “What a great vibe and what amazing creativity!” he gushed.
Dalio posted an amusing photo of himself in an over-the-top hippie outfit with his friend Jeff Taylor. Taylor, who works with Ray at Bridgewater, is the founder of the online jobs site Monster.com.
Dalio then urged his followers to go next year if they’re able to.
Just back from Burning Man. Reminds me of Woodstock with better art (installations) and less good music. What a great vibe and what amazing creativity!
Photo is with my pal and coworker Jeff Taylor at his great music camp Root Society. If you go next year, 1-5am is best. pic.twitter.com/ua5UIbRlxo
— Ray Dalio (@RayDalio) September 2, 2019
‘Wall Street guys at Burning Man!?’
As CCN reported, Fundstrat’s Tom Lee blamed last week’s bitcoin price dip on Burning Man.