ClaimsRay Dalio

“I regret to inform you that my wife and I, in agreement with Governor Lamont, are terminating our Partnership with the State of Connecticut”

Ray Dalio, writing on X 19 May 2020 Post by @RayDalio on X, 2020-05-19 (X)

Factual Their own work or organisation

Ray Dalio and his wife, in agreement with Governor Lamont, are terminating their partnership with the State of Connecticut to help disengaged students through high school and into jobs.

Resolved true The record shows it happened or was so.

Factual: Statements about the present or the past, checked against the record: did they hold up?

What would count as true or false

True: dated records from around 19 May 2020 show that Ray and Barbara Dalio announced they were ending their participation in the Partnership for Connecticut, the public-private effort to help disengaged or disconnected students through high school and into jobs, and that this was done in agreement with Governor Lamont. Records could include the Dalios' letter, the Governor's office statement or contemporaneous news reports. Mostly true: the termination happened as stated, but a minor detail is off, for example the Governor's office describes it as a negotiated or mutual exit in different terms, or the program's described purpose differs slightly. Mixed: the Dalios withdrew, but the Governor's office publicly disputed that it was 'in agreement'. Mostly false: the Dalios only scaled back, paused, or stepped back from the board, while the partnership itself continued with their participation. False: records show no termination was announced, or the Dalios stayed partners.

Set before the research began.

Evidence (4)

  1. E1 Dalios pull out of state education partnership, attack GOP Reps CT Post · 19 May 2020

    ““Today we are announcing our intent to withdraw from The Partnership,” Barbara Dalio said in a written statement released Tuesday.”
  2. E2 Dalios pull out of state education partnership, attack GOP Reps CT Post · 19 May 2020

    “In the same release Tuesday, issued jointly, Lamont expressed disappointment and said the partnership would dissolve.”
  3. E3 Dalio, Lamont Disband Partnership for Connecticut | CT News Junkie CT News Junkie · 19 May 2020

    “After 15 months, Dalio Philanthropies and Gov. Ned Lamont announced Tuesday they were ending the Partnership for Connecticut, the joint public-private venture created to help at-risk youth.”
  4. E4 Lamont announces end to CT's education partnership with Dalio Philanthropies CT Mirror · 19 May 2020

    “Lamont made it clear that the decision to dissolve the partnership was initiated by the Dalios.”

Reasoning

On 19 May 2020, contemporaneous reports show Barbara Dalio announcing the couple's intent to withdraw from the Partnership (E1). They also report the announcement as a joint release with Governor Lamont, who said the partnership would dissolve (E2, E3). CT News Junkie describes the Partnership for Connecticut as a public-private venture to help at-risk youth (E3). According to CT Mirror, Lamont said the Dalios initiated the decision (E4), but none of the reports say he disputed that the exit was agreed, so the claim matches the criteria for true.

Cite this claim

Ray Dalio, “Ray Dalio and his wife, in agreement with Governor Lamont, are terminating their partnership with the State of Connecticut to help disengaged students through high school and into jobs.” (said 19 May 2020). Verdict: resolved true. Reliability API, claim c_3df7bc79ab39, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_3df7bc79ab39

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Ray Dalio, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

More factual claims by Ray Dalio

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  2. Resolved true Factual 7 March 2023
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  3. Resolved true Factual 22 March 2021
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  4. Mostly true Factual 25 October 2020
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  5. Mostly true Factual 25 October 2020
    “I missed the pandemic. The pandemic took me by surprise.”

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All of them

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