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  • The Fund

  • Ray Dalio, Bridgewater Associates and the Unraveling of a Wall Street Legend
  • By: Rob Copeland
  • Narrated by: Will Damron
  • Length: 12 hrs and 53 mins
  • 4.7 out of 5 stars (19 ratings)

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The Fund cover art

The Fund

By: Rob Copeland
Narrated by: Will Damron
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Publisher's Summary

Discover the unauthorized, unvarnished story of famed Wall Street hedge-fund manager Ray Dalio.

When Ray Dalio, billionaire founder of Bridgewater Associates, the world's largest hedge fund, announced in October 2022 that he was stepping down from the company he founded forty-seven years ago, the news made headlines around the world. Dalio achieved worldwide fame thanks to a mystique of success cultivated in frequent media appearances, celebrity hobnobbing, and his bestselling book, Principles. In The Fund, Rob Copeland draws on hundreds of interviews with those inside and around the firm to reveal what really goes on with Dalio and his cohorts behind closed doors.

Tracing more than fifty years of Dalio's leadership, The Fund peels back the curtain to reveal a rarefied world of wealth and power, where former FBI director Jim Comey kisses Dalio's ring, recent Pennsylvania Senate candidate David McCormick sells out, and countless Bridgewater acolytes describe what it's like to work at this fascinating firm.

Dalio has stepped down from Bridgewater before; will the legacy of his Principles continue to chart the course of the firm? The Fund provides unique insight into the story of Dalio and Bridgewater, past, present and future.

©2023 Rob Copeland (P)2023 Macmillan Audio

Critic Reviews

'The most explosive, mind-blowing business book I've ever read' - Bradley Hope, New York Times bestselling author of Billion Dollar Whale

'A taut, nonfiction thriller' - Bryan Burrough, bestselling author of Barbarians at the Gate 

'Manages to both shock and entertain at the same time' - Philipp Meyer, bestselling author of American Rust and The Son

What listeners say about The Fund

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A look at Principles from a different perspective.

A rewrite of Principles from the perspective of Bridgewater’s employees was great for the Dalio skeptics.

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    4 out of 5 stars
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Fearless but one-sided

Well researched and told story but at times felt like a crusade against Dalio. Fascinating and terrifying at times. Despite the obvious floors in Bridgewater and Dalio more credit should be paid to what is an impressive and long lasting business in a notoriously brutal industry.

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Wow!

Incredible insight into what can only be described as a cult leader and his cult.

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Couldn’t turn it off - captivated

Wow. Had a hard time believing this wasn’t fiction. Incredible insights into a man and hedge fund that runs counter to the publicity machine. You won’t learn a lot about the trading elements of the fund but you will definitely learn a lot about the man/myth/legend behind it. I’ve never devoured an audio book this quickly

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Couldn't stop listening

If you enjoy exposes like Bad Blood you'll enjoy this. The author dives deep into the insane cult of Bridgewater and Ray Dalio. The insanity of a hedge fund investor turned cult leader with hundreds of billions on the line makes for crazy stories. I couldn't stop listening and finished this in a couple days.

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Exceptional

Extremely well researched and presented. What a piece of work Ray Dalio is and I feel extremely sorry for all the Bridgewater employees that weee bullied by him

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    3 out of 5 stars
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Rather dull

in my opinion rather dry, which made it hard going. Sometimes the level of detail seemed irrelevant.

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Entertaining

This book is enthralling, and makes me think twice about all the other people I’ve heard interviewed on podcasts like Work/Life or Freakonomics Radio etc.

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Exposes the Orwellian

A well written piece that exposes the orwellian workings of Bridge Water and it's cult leader Dalio.

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Should be tagged as a horror comedy

Life is a tragedy when seen in close-up, but a comedy in long-shot.
- Charlie Chaplin

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