Great Finance Firms · Builders
Bridgewater Associates
Ray Dalio's macro firm that became the world's largest hedge fund: Pure Alpha, All Weather and risk parity, the 'economic machine', radical transparency and believability-weighted decisions, and the succession challenge.
Step 1 of 6 · Overview30 min read ·
Key idea
Prereqs: Ray Dalio; Asset allocation. Next: Two Sigma & D.E. Shaw; Principles for Navigating Big Debt Crises. Sources: Ray Dalio, *Principles* (2017); Rob Copeland, *The Fund* (2023); Bridgewater research.Next: 1. Timeline