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The Fund

Ray Dalio, Bridgewater Associates and The Unraveling of a Wall Street Legend

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The Fund

Written by: Rob Copeland
Narrated by: Will Damron
Free with 30-day trial

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Buy Now for ₹323.00

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About this listen

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

'Jaw-dropping . . . well-told, well-structured and exquisitely reported' – Financial Times

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.

'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

 Business Leaders Corporate & Public Finance Economic History Economics Professionals & Academics Workplace & Organisational Behaviour Workplace Culture

Critic Reviews

The most explosive, mind-blowing business book I've ever read - and the most fun, too (Bradley Hope, bestselling author of Billion Dollar Whale)
At last, the era of the billionaire philosopher-king has a defining book. The Fund is a taut, nonfiction thriller (Bryan Burrough, bestselling author of Barbarians at the Gate)
A classic American story about the most famous man on Wall Street - or the person he seems to be. The Fund manages to both shock and entertain at the same time (Philipp Meyer, bestselling author of American Rust and The Son)
Jaw-dropping . . . well-told, well-structured and exquisitely reported (Financial Times book review)
A terrific dagger of a book, packed with cringey detail, just long enough to efficiently disembowel its subject. For anyone who has had an awful boss, The Fund is the perfect rage-read (Mark Gimein, reviewing for the New York Times)
Explosive . . . rivetingly chronicles a traumatic social experiment in which hundreds of America’s sharpest Ivy League finance alums unwittingly became ensnared (Ben Naparstek, reviewing for The Australian)
Eye-opening...[teaches us] to be more sceptical about investment and management gurus (MoneyWeek Book of the Month review (December 2023))
The best thing I read in 2023 (Robin Wigglesworth, bestselling author of Trillions, writing for the Financial Times' Best of Further Reading list (2023))
All stars
Most relevant
I couldn't finish listening to this disgusting account of a sick situation I heard en

nauseate

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I learned about Ray Dalio, yes through a YouTube video that showed up on my recommendation list of videos, should be around 2012 or so. I was intrigued as there was someone who was so confidently predicting the collapse of the world's largest economy. Until I came across the recommendation of The Fund on a twitter post and I started listening to the audio book, I had no clue of what Bridgewater is and of Ray Dalio's association with it.

The book gives a valuable insights of all the misdeeds happening within the organisation Bridgewater, the boardroom politics, larger than life leaders or better said flawless leaders. What amazes me how much we trust the system to be fair and just, but how opaque and broken they are. Hope, aspirations, anyone can become anything with hardwork are the fancy lore to create a class of people who continue to perish whereas the cronies continue to enjoy the benefits at the cost of others sufferings, taking away their youth.

Left me with lots of emotions. coming from a middle class background where you can loose your roof overnight, I can't stop myself from thinking if I'll give away everything to have those million dollars in your bank account or...

An eye opener

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It is a fast paced enjoyable listen but very one-sided. We don’t get any insight on what was behind Bridgwater’s success only that its founder Ray Dalio is a very very weird and nasty guy. I did not learn anything new. It reads like a series of news stories of the tabloid variety.

A very one sided and unbalanced look at Ray Dalio

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