The Rational Reminder Podcast | Rob Copeland: Ray Dalio and Bridgewater | Rational Reminder 292 @rationalreminder | Uploaded February 2024 | Updated October 2024, 6 hours ago.
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!
Timestamps:
0:00:00 Intro
0:07:47 How much of the Bridgewater organization is dedicated to investment management
0:10:36 How Dalio’s model of economic cycles affects Bridgewater’s investment approach
0:14:17 How successful Dalio has been at predicting market crashes
0:16:54 The role have actual investment results played in Bridgewater’s success
0:18:45 Dalio’s Principles
0:23:05 How important the Principles are to Bridgewater’s success
0:38:43 What the dot collector app at Bridgewater does
0:32:18 Based on discussions with current and former employees, Rob describes the experience of working at Bridgewater
0:35:56 The actions Dalio has taken to create his public-facing image
0:42:35 How Dalio explains his own success
0:44:28 What the response to the book from readers has been
0:46:32 What explains Bridgewater's success
0:52:06 What main message Rob hopes people take away from reading his book
Links From Today’s Episode:
Rob Copeland on LinkedIn — linkedin.com/in/real-rob-copeland
Rob Copeland on X — twitter.com/realrobcopeland
The New York Times — nytimes.com
The Fund — static.macmillan.com/static/smp/the-fund
Bridgewater Associates — bridgewater.com
Principles — amazon.com/Principles-Life-Work-Ray-Dalio/dp/1501124021
Doom: The Politics of Catastrophe — amazon.com/Doom-Politics-Catastrophe-Niall-Ferguson/dp/0593297377
The Dot Collector — principles.com/principles/3290232e-6bca-4585-a4f6-66874aefce30
Rational Reminder on iTunes — itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582.
Rational Reminder Website — rationalreminder.ca
Rational Reminder on Instagram — instagram.com/rationalreminder
Rational Reminder on X — twitter.com/RationalRemind
Rational Reminder on YouTube — youtube.com/channel
Rational Reminder Email — info@rationalreminder.ca
Benjamin Felix — pwlcapital.com/author/benjamin-felix
Benjamin on X — twitter.com/benjaminwfelix
Benjamin on LinkedIn — linkedin.com/in/benjaminwfelix
Cameron Passmore — pwlcapital.com/profile/cameron-passmore
Cameron on X — twitter.com/CameronPassmore
Cameron on LinkedIn — linkedin.com/in/cameronpassmore
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!
Timestamps:
0:00:00 Intro
0:07:47 How much of the Bridgewater organization is dedicated to investment management
0:10:36 How Dalio’s model of economic cycles affects Bridgewater’s investment approach
0:14:17 How successful Dalio has been at predicting market crashes
0:16:54 The role have actual investment results played in Bridgewater’s success
0:18:45 Dalio’s Principles
0:23:05 How important the Principles are to Bridgewater’s success
0:38:43 What the dot collector app at Bridgewater does
0:32:18 Based on discussions with current and former employees, Rob describes the experience of working at Bridgewater
0:35:56 The actions Dalio has taken to create his public-facing image
0:42:35 How Dalio explains his own success
0:44:28 What the response to the book from readers has been
0:46:32 What explains Bridgewater's success
0:52:06 What main message Rob hopes people take away from reading his book
Links From Today’s Episode:
Rob Copeland on LinkedIn — linkedin.com/in/real-rob-copeland
Rob Copeland on X — twitter.com/realrobcopeland
The New York Times — nytimes.com
The Fund — static.macmillan.com/static/smp/the-fund
Bridgewater Associates — bridgewater.com
Principles — amazon.com/Principles-Life-Work-Ray-Dalio/dp/1501124021
Doom: The Politics of Catastrophe — amazon.com/Doom-Politics-Catastrophe-Niall-Ferguson/dp/0593297377
The Dot Collector — principles.com/principles/3290232e-6bca-4585-a4f6-66874aefce30
Rational Reminder on iTunes — itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582.
Rational Reminder Website — rationalreminder.ca
Rational Reminder on Instagram — instagram.com/rationalreminder
Rational Reminder on X — twitter.com/RationalRemind
Rational Reminder on YouTube — youtube.com/channel
Rational Reminder Email — info@rationalreminder.ca
Benjamin Felix — pwlcapital.com/author/benjamin-felix
Benjamin on X — twitter.com/benjaminwfelix
Benjamin on LinkedIn — linkedin.com/in/benjaminwfelix
Cameron Passmore — pwlcapital.com/profile/cameron-passmore
Cameron on X — twitter.com/CameronPassmore
Cameron on LinkedIn — linkedin.com/in/cameronpassmore
