LEADER 00000pam 2200337 i 4500 003 DLC 005 20231204103557.0 008 230803s2023 nyu e b 001 0 eng 010 2023032997 020 9781250276933|q(hardcover) 040 DLC|beng|erda|cDLC|dIMmBT|dUtOrBLW 042 pcc 082 00 332.63/27|223/eng/20230804 092 332.6327|bCOP 100 1 Copeland, Rob,|eauthor. 245 14 The fund :|bRay Dalio, Bridgewater Associates, and the unraveling of a Wall Street legend /|cRob Copeland. 250 First edition. 264 1 New York :|bSt. Martin's Press,|c2023. 300 x, 339 pages ;|c25 cm 336 text|btxt|2rdacontent 337 unmediated|bn|2rdamedia 338 volume|bnc|2rdacarrier 504 Includes bibliographical references (pages 311-333) and index. 505 00 |tPart I --|tOne goddamn place --|tMissy and the viking -- |tAbsolute certainty --|tPure alpha --|tRoot cause --|tThe big one --|tPart II --|tLook out --|tA different kind of company --|tComey and the cases --|tThe offensive -- |tTruth factory --|tSex and lies, videotaped --|tPart III --|tThe machine --|tPrince --|tShoot the ones you love -- |tArtificial intelligence --|tUnprincipled --|tThe way of being --|tFeedback loop --|tOne of us --|t"Ray, this is a religion" --|tPart IV --|tThe circle of trust --|tThe gift --|tThe partnership --|tAnything he wants --|tNo heroes. 520 "The unauthorized, unvarnished story of famed Wall Street hedge-fund manager Ray Dalio. Ray Dalio does not want you to read this book. Late last year, when the billionaire founder of Bridgewater Associates, the largest hedge fund on the planet, announced that he was stepping down from the company he started out of his apartment nearly 50 years ago, the news made headlines around the world. Dalio cultivated an aura of international admiration and fame thanks to his company's eye-popping success, coupled with a mystique he encouraged with frequent media appearances, celebrity hobnobbing, and his bestselling book, Principles. In The Fund, award-winning New York Times journalist Rob Copeland punctures this carefully- constructed narrative of the benevolent business titan, exposing his much-promoted "principles" as one of the great feats of hubris in modern memory-in practice, they encouraged a toxic culture of paranoia and backstabbing. The Fund is a page-turning, stranger-than-fiction journey into a rarefied world of wealth and power. It offers an unflinching look at the pain so often caused by the "radical transparency" Dalio has described as a core tenet of his recipe for business success and a meaningful life. Drawing on hundreds of interviews with those inside and around the firm, Copeland takes readers into the room as former FBI director Jim Comey kisses Dalio's ring, recent Pennsylvania Senate candidate David McCormick drinks the Kool-Aid, and a rotating cast of memorable characters grapple with their personal psychological and moral limits -all under the watchful eye of their charismatic leader. This is a cautionary tale for anyone convinced that the ability to make lots of money has anything at all to do with unlocking the principles of human nature"--|cProvided by publisher. 600 10 Dalio, Ray,|d1949- 610 20 Bridgewater Associates|xHistory. 610 20 Bridgewater Associates|xEmployees. 610 20 Bridgewater Associates|xCorrupt practices.
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