Rob Copeland, author of The Fund, joins the hosts to discuss Ray Dalio and Bridgewater Associates. They also cover the SAG-AFTRA strike and WeWork's bankruptcy. They explore the challenges faced by WeWork in the post-pandemic office environment and changes in commuting. Plus, a discussion on annoying ads and desire for a dog hiking service.
Ray Dalio's public persona differs significantly from his behavior behind closed doors at Bridgewater Associates.
The bankruptcy of WeWork is a reflection of the challenges faced by the commercial office real estate sector due to the pandemic.
Deep dives
Insights into Bridgewater and Ray Dalio
Rob Copeland, author of 'The Fund', discusses the unraveling of Bridgewater and its founder, Ray Dalio. He reveals a discrepancy between Dalio's public persona and his behavior behind closed doors at Bridgewater.
End of the Actor's Strike
The podcast episode mentions the resolution of the actor's strike after 118 days. The deal includes increased minimum pay and residual payments for online streaming.
WeWork Files for Bankruptcy
WeWork, the co-working space company, has officially filed for bankruptcy. The company's struggles are attributed to the larger challenges faced by the commercial office real estate sector as a result of the pandemic.
Chamberlain's Dominance in the Garage Door Market
Chamberlain Group, which owns companies like LiftMaster, controls 60% of the garage door market. It has disabled the use of any app other than its own, limiting user choice to promote its own app with ads.