Rob Copeland: Ray Dalio and Bridgewater
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Description
In this episode, we welcome Rob Copeland, author of the recently released book The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend. Rob, a finance reporter for The New York Times, provides a gripping account of the rise and unravelling of Ray Dalio and Bridgewater Associates. Bridgewater Associates, one of the prominent hedge funds on the planet, is synonymous with the legendary investor Ray Dalio. In our conversation, we delve into the intricacies of the company's investment portfolio, shedding light on the details that contribute to its success, and dissect Ray's supposedly revolutionary model of economic cycles. Discover the unconventional principles that shape Bridgewater's culture, from believability to radical transparency, and get a sneak peek into the bizarre Dot Collector app that fuels the company's operations. Gain insights into employee experiences at the company, the secret sauce to Ray’s success, the company’s track record in predicting market crashes, undisclosed aspects of Ray’s success story, and much more! Tune in now!   Key Points From This Episode:   Details about the company’s investment management portfolio. (0:06:38) Dalio's model of economic cycles’ influence on the company’s investment approach. (0:09:13) Exploring the criticism toward Dalio's model of economic cycles. (0:10:13) How successful Dalio has been at predicting market crashes. (0:12:21) Bridgewater’s investment success track record. (0:14:40) Unpacking Dalio's principles and how he developed them. (0:16:16) Uncovering how Dalio's principles are perceived within Bridgewater and how they made the company successful. (0:18:56) Learn how believability and radical transparency work within Bridgewater. (0:20:58) The bizarre Dot Collector app and how the company leverages it. (0:24:57) Employees’ experiences of working at Bridgewater. (0:28:02) Rob’s opinion about Ray and how he compares to other hedge fund managers. (0:29:38) Hear about undisclosed aspects of Ray's success story. (0:34:52) Dalio and readers’ reactions since publishing the book. (0:37:17) Delving into the nuance factors explaining Bridgewater's success as a business. (0:40:18) How the company will continue to function post-Ray Dalio. (0:43:06) What Rob hopes readers will take away after reading the book. (0:44:55)   Links From Today’s Episode: Rob Copeland on LinkedIn — https://www.linkedin.com/in/real-rob-copeland/ Rob Copeland on X — https://twitter.com/realrobcopeland The New York Times — https://www.nytimes.com/ The Fund — https://static.macmillan.com/static/smp/the-fund/ Bridgewater Associates — https://www.bridgewater.com/ Principles — https://www.amazon.com/Principles-Life-Work-Ray-Dalio/dp/1501124021 Doom: The Politics of Catastrophe — https://www.amazon.com/Doom-Politics-Catastrophe-Niall-Ferguson/dp/0593297377 The Dot Collector — https://www.principles.com/principles/3290232e-6bca-4585-a4f6-66874aefce30/ Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/  Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on X — https://twitter.com/RationalRemind Rational Reminder on YouTube — https://www.youtube.com/channel/ Rational Reminder Email — [email protected] Benjamin Felix — https://www.pwlcapital.com/author/benjamin-felix/  Benjamin on X — https://twitter.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://www.pwlcapital.com/profile/cameron-passmore/ Cameron on X — https://twitter.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/
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