Ray Dalio has long been hailed a hedge-fund titan, but investigative reporter Rob Copeland discovered there was more to the story than meets the eye. In his latest book, The Fund: Ray Dalio, Bridgewater Associates and the Unraveling of a Wall Street Legend, Copeland unfolds Ray Dalio’s principles as a grand display of pride that fosters a toxic work culture full of things like paranoia and backstabbing. Copeland’s exploration dives into the complexities of Dalio’s leadership and the consequences it brings to the workplace.

Rob is an award-winning investigative reporter for The New York Times. Prior to The Times, he wrote for The Wall Street Journal for nearly a decade, covering front-page stories in New York, San Francisco, and Austin, Texas. 

In this episode, Dart and Rob discuss:
- Management principles at Bridgewater Associates
- The adverse effects of Dalio’s feedback system
- Challenges associated with radical transparency in the workplace
- The mental models influencing Dalio’s management practices
- Dalio’s definition of a strong manager
- Whether performative cruelty improves hedge fund success
- And other topics…

Rob Copeland is an award-winning investigative reporter for The New York Times and author of the bestselling book, The Fund: Ray Dalio, Bridgewater Associates and the Unraveling of a Wall Street Legend. In this compelling work, Copeland dissects the famous principles of hedge-fund giant Ray Dalio and their adverse effects in the workplace.

Prior to The New York Times, Rob was a reporter for The Wall Street Journal for nearly a decade after graduating from Duke University. His investigative work spanned across Texas and San Francisco, the latter where he covered Silicon Valley with a particular focus on Google. His time at the Journal marked notable achievements, including recognition as an award-winning hedge-fund beat reporter.

Resourced mentioned:
The Fund, by Rob Copeland:  https://www.amazon.com/Fund-Bridgewater-Associates-Unraveling-Street/dp/1250276934

Connect with Rob:
The New York Times: https://www.nytimes.com/by/rob-copeland
https://www.bridgewaterbook.com/ 

Work with Dart:
Dart is the CEO and co-founder of the work design firm 11fold. Build work that makes employees feel alive, connected to their work, and focused on what’s most important to the business. Book a call at 11fold.com.