• Robot from The Terminator


    Ray Dalio’s Principled Robots Will Rule The World

    Dalio is getting into the Artificial Intelligence game. Obviously this is partly for the money to be made but also because robots just get him.

    / Feb 27, 2015 at 2:38 PM
  • ray dalio


    Ray Dalio Not Sure Why Recording People Talking About A Colleague’s Mistakes And Weaknesses And Then Playing Back The Tape For Said Colleague Would Be Viewed As Anything Other Than Positive

    If there are people out there who don’t enjoy being broken down emotionally by their coworkers as a means of ultimately emerging stronger, he hasn’t heard of them. Well, okay, he’s heard of some but they quickly adjust to the Bridgwater way of doing things after a short 18 months.

    / Sep 22, 2014 at 2:13 PM
  • News

    A Wildebeest Leaves New York Traveling North At 10 MPH. A Hyena Leaves Westport Traveling South At 15MPH. At What Time Does The Wildebeest Get Eaten?

    As many of you know, Bridgewater Associates is mega-successful, multi-billion dollar hedge fund guided by Principles, a company handbook written by founder and Mentor Ray Dalio, which instructs employees to go on radical truth seeking missions in order to better themselves and in turn the firm. Bridgewater takes the principles very seriously and each member of the staff is given spiral bound copies to read, highlight, and imbue their souls with. While the idea of Truth above all else is the overarching idea, there are literally hundreds of principles (such as 31a. “Ask yourself whether you have earned the right to have an opinion,” 130. “…Firing people is not a big deal…” and 184. “Use checklists”) which span 123 pages and are broken down into outline form after being explained at length. Though familiarity with them has always been an essential part of the job, there has never been formal test determining that all employees met the required level of efficiency. Until now.

    Apparently the firm has notified employees that there will be an exam on the material, which has resulted in people carrying around their copies and studying whenever they can, particularly on the bus ride from Manhattan to Wesport and back. No date has been announced but it will be administered online à la one of those mandatory HR quizzes that won’t let you skip forward. According to proctors, Bridgewater simply wants to use the test as an opportunity to asses what people know, how they’re interpreting the principles, and what requires further elucidation. It’s unclear what the penalty for failing will be but remedial Principles classes seem obvious. Because we would hate to see any of you have to stay after school, we’ve highlighted what is most likely to be covered– feel free to print these out and add to your study guide.







    Principles [Bridgewater]





    (which expects the staff to “probe” each other regularly, no matter one’s rank, in order to foster openness and meritocracy).

    / Apr 4, 2012 at 3:08 PM
  • Hedge Funds, News

    Bridgwater Associates Truth Probings Are About To Get Turbo-Charged

    In 1974, Bridgewater hedge fund manager Ray Dalio was working in the commodities futures department of Shearson Hayden Stone when he went out with his boss on New Year’s Eve, and after getting into a debate with the guy, punched him in the stomach. Soon after that night, Dalio was fired when management learned that […]

    / Jul 18, 2011 at 12:48 PM
  • News

    Bridgewater Employees Speak Out: What Bridgewater Has Done For Me

    Last May, we were introduced to Principles, the company handbook written by Bridgewater Associates founder Ray Dalio, which instructs employees to go on radical truth seeking missions in order to better themselves and in turn the firm (the firm also expects the staff to “probe” each other regularly, no matter one’s rank, in order to […]

    / Apr 12, 2011 at 4:28 PM
  • News

    Bridgewater Associates Determines Which Employees Opinions Are More Valuable Than Others Based On A “Believability Matrix”

    The latest issue of AR Magazine features a lengthy profile of Ray Dalio’s mega-successful Bridgewater Associates, with much space devoted to the “culture” of the firm, as defined by Principles, a handbook of sorts written by Dalio, which we shared last May. In sum, the firm requires its employees, 30 percent of whom leave within […]

    / Mar 2, 2011 at 3:45 PM
  • News

    If This Investing Thing Doesn’t Pan Out, Ray Dalio May Have A Shot At Marriage Counseling

    Back in May, we published “Principles,” the unofficial employee handbook of Bridgewater Associates. Principles contain founder Ray Dalio’s musing on life, love, and how to run a successful hedge fund using brutal truth. For instance, if you want to tell someone they suck, you are more than welcome to. In fact, at Bridgewater, you are […]

    / Jun 21, 2010 at 2:07 PM
  • News

    Ray Dalio Explains His “Principles”

    Yesterday we discussed Bridgewater Associates’ “Principles,” the meanderings of founder Ray Dalio, which serves as the hedge fund’s unofficial handbook. While clients probably have no problem with it, not everyone counts themselves as fans of the Tao of Dal, which includes operating “like a hyena, attacking the wildebeest,” “probing” ones colleagues and having their meetings […]

    / May 11, 2010 at 2:23 PM
  • News

    Bridgewater Associates: Be The Hyena. Attack The Wildebeest.

    So, you’re going to work for Bridgewater, are you? Contrary to what various know-nothings will tell you, our nation’s greatest hedge funds are not soulless, interchangeable institutions that you can just bounce through like a bunch of cheap whores. They are delicate flowers that need to be finessed if you wanna make it past day […]

    / May 10, 2010 at 4:20 PM

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