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The new book, "The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend" — which Dalio and his lawyers have pushed back against — describes everything from Bridgewater's investment process to internal grudges and backstabbing to allegations of sexual harassment. Here are the places where the dozens of Bridgewater employees and consultants named in the book ended up. Dalio, the book said, wrote into the firm's bylaws that he could never hold that title again. Before that, she was the head of investment research and a co-chief investment officer for sustainability. He's worked at different funds since leaving in 2006, including Larch Lane Advisors and Bonaccord Capital as an investor and business-development professional.
Persons: Rob Copeland's, Ray Dalio, Dalio, , Bridgewater, Greg Jensen, YouTube Dalio, nixed, Copeland, He's, Jensen, Eileen Murray, Morgan Stanley, David McCormick, Dina Powell, McCormick, Dave McCormick, Michael M, Nir Bar Dea, Stefanova, Dalio's, Paul McDowell, Bob Eichinger, McDowell, Eichinger, Jen Healy, Osman Nalbantoglu, Matthew Granade, Steve Cohen, Steve Cohen's Point72, Bob Prince, politicking, Karen Karniol, Bridgewater Associates Karen Karniol, Vladimir Putin, Bob Elliott, Elliott, James Comey, Winn McNamee, Barack Obama, Donald Trump, Hillary, Britt Harris, Bridgewater's, Julian Mack, L, Michael Partington, Spencer Stuart, Niko Canner, Jon Rubinstein, Beck Diefenbach Jon Rubinstein, Steve Jobs, Tom Adams, Rosetta Stone, J, Michael Cline, Cline, Kevin Campbell, Campbell, Craig Mundie, Bill Gates, Gates, Mundie, Bill Clinton, George W, Bush, David Ferrucci, IBM's Watson, Ferrucci, Keith Alexander, Alexander, Larry Culp, Culp, Jamie Gorelick, conscientiously, Clinton, Jared Kushner, Jesse Horwitz, Comey, Horwitz, Samantha Holland, Perry Poulos, Murray, Joe Sweet, Tara Arnold, Arnold —, Leah Guggenheimer, She's, Charles Korchinski, Harris, Kent Kuran Organizations: New York Times, Bridgewater Associates, Business, Bridgewater, YouTube, HSBC, Broadridge, Life Insurance, Wells, Treasury Department, Republican, Getty, GOP, Israel Defense Forces, Marto, Princeton University, McKinsey, Point72, Bridgewater didn't, Domino Data, CircleUp, FBI, Trump, of, University of Texas Investment Management Co, Apple, Dalio, Health, Cognition, Mundie, National Security Agency, Amazon, General Electric, Boston Globe, Electric, Trump White House, Harvard Law School, , Hubble, Stefanova's Marto, HBR Consulting, MIO Partners, Burford, Larch Lane Advisors, Bonaccord, Eaton Partners, Stanford, NextEra Energy Resources Locations: Bridgewater, Connecticut, Pennsylvania, China, San Francisco, of Texas, Atlanta, WilmerHale, Asia, India, Shanghai, Singapore, Israel, Africa
Bridgewater rigged its "believability weighting" system to keep founder Ray Dalio on top, a new book says. That's according to "The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend," out Tuesday from New York Times finance reporter Rob Copeland. Bridgewater's believability weighting system, in theory, was supposed to help determine how much weight a person's opinion carried and to help identify hidden talent within the firm. Bridgewater started experimenting with Dalio's believability weighting system with a prototype allowing staff to see each others' scores on a scale of 1-to-10, but Dalio wasn't pleased, the book said. In response to a request for comment from Insider on the book's assertions regarding the believability rating system, Bridgewater provided excerpts of letters that its lawyers sent to the book's publisher, St. Martin's Press.
Persons: Bridgewater, Ray Dalio, outranked, Dalio, , Rob Copeland, Dalio wasn't, He'd, Copeland Organizations: Service, Bridgewater Associates, New York Times, , Bridgewater, New, Martin's Press Locations: Bridgewater
Ray Dalio's Bridgewater spent nearly $1 million turning a coach bus into an employee limo, a new book says. In a statement, Bridgewater said the book's claims about the bus were "untrue or misleading." AdvertisementAdvertisementBridgewater Associates spent $1 million turning a coach bus into a limousine to shuttle employees around to after-work entertainment, according to a new book about Ray Dalio and his hedge fund. AdvertisementAdvertisementThe bus, internally called the "Rockstar Bus," transported employees from Bridgewater's Connecticut headquarters to bars, restaurants, and casinos, according to Copeland's book. AdvertisementAdvertisement"Four of the buses are standard coach commuter buses, and one of the buses was upfitted as a limousine bus.
Persons: Ray Dalio's Bridgewater, Rob Copeland's, Bridgewater, , Ray Dalio, Rob Copeland, Bridgewater's, Dalio Organizations: Bridgewater, Service, Bridgewater Associates, New York Times, Martin's Press Locations: Bridgewater, Bridgewater's Connecticut, Bridgewater's, New York City, Bridgewater's Westport
Bridgewater employees have famously rated one another's performance in real-time. Ray Dalio even fired an employee based on his peers' answers to a poll about him, "The Fund" says. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Information was compiled into individual employee profiles, which were known as baseball cards around the office, the book said.
Persons: Ray Dalio, , Ray, Rob Copeland's, Copeland, Dalio, Michael Partington, Partington, Bridgewater Organizations: Bridgewater, Service, Bridgewater Associates, Workers Locations: Ray Dalio's, Bridgewater
Bridgewater employees hired strippers so often that the firm adopted rules around them, a new book said. The book also said Bridgewater spent millions renovating a mansion frequented by founder Ray Dalio. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "Stripper Policy at The Lookout," the rules read, according to the book. Guests could stay overnight at the Lookout, but the primary bedroom was almost always reserved for Dalio, according to the book.
Persons: Ray Dalio, , Rob Copeland's, Dalio, didn't Organizations: Bridgewater, Service, Bridgewater Associates, The New York Times, LinkedIn Locations: Connecticut, Bridgewater
Take a look at some questions from the exam, published in "The Fund," out Tuesday. Dalio even had a team put together a five-section, closed-book Principles Test that was mandatory for all employees, Copeland wrote. "The Fund" published a handful of questions from the exam. One string of questions asked:"About what percentage of the Bridgewater population would steal if they could get away with it? In 2017, Dalio published his own book chronicling the lessons he learned throughout his career, called "Principles: Life and Work."
Persons: Ray Dalio's Bridgewater, , Rob Copeland, Ray Dalio, Dalio, Copeland, Bridgewater Organizations: Service, Bridgewater, New York Times, Bridgewater Associates, Investment, LinkedIn Locations: Bridgewater
Some staff at Bridgewater Associates took personal calls in the woods so their employer couldn't listen in, a new book says. This stopped when a rumor claimed the firm might install devices in the trees, per "The Fund." AdvertisementAdvertisementSome employees at Ray Dalio's investment-management firm Bridgewater Associates took non-work calls in the woods near their offices because they were worried about their employer listening in, according to a new book. This practice stopped, though, when a rumor claimed that the firm was looking into installing devices in the trees that could intercept calls, per the book. AdvertisementAdvertisementIt added that the company "did not investigate installing 'devices in the trees.'"
Persons: Rob Copeland's, , Ray, Rob Copeland, Ray Dalio, James Comey, printout, printouts, Bridgewater, Dalio Organizations: Bridgewater Associates, Service, New York Times, FBI, Staff, Bridgewater, St Martin's Press Locations: Bridgewater, New, keystroke
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at the internet calling for changes to the "soul-crushing" and "depressing" 9-to-5 workday. The 40-hour workweek is facing a reckoning after a recent grad's viral TikTok emotionally questioning how people have time for a personal life while working a full-time job. AdvertisementAdvertisementSo yes, upending the 9-to-5 is possible — and worth considering — but only with a bit of sacrifice from all of us. Earnings today: Uber, eBay, H&R Block, Nintendo, and other companies.
Persons: , Dolly Parton, Jeff Kravitz, FilmMagic, Dolly, Gen, Insider's, Gen Z, Tim Paradis, I've, we'd, Rebecca Zisser, Ray Dalio, That's, Rob Copeland's, Dalio, Warren Buffett's, Sam Altman Justin Sullivan, OpenAI's, Sam Altman, Slack, Lidiane Jones, Bumble, Tesla, Samantha Lee, WeWork, they're, Billie Jean King, Bryan Johnson, Dustin Giallanza, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Bridgewater Associates, Bank of America, EV, Microsoft, Billie Jean King Cup, eBay, Nintendo Locations: Taylor, Berkshire, Kentucky, Mississippi, Sevilla, Spain, Australia, Canada, Czech Republic, France, Germany, Italy, Kazakhstan, Poland, Slovenia, Switzerland, New York City, San Diego, London, New York
Copeland spoke with The Associated Press about her new focus, fighting for more inclusive emojis, and staying in shape. She wants to push the boundaries and it didn’t matter what question I asked her, she was going to push me (laughs) in every way. That to me is like the grand scheme theme is that art saves lives, and dance and ballet can be inclusive. AP: Why did you start a petition to create new emojis related to dance that are more inclusive? All of these things that I think are such an incredible evolution of where I’ve come from as an artist and as a Black artist.
Persons: Misty Copeland, Copeland, Nathaniel Mary Quinn, Twlya Tharp, Tharp, COPELAND, Twyla, I’ve, we’ve, she’s, Misty, Quinn, it’s, Tik, I’m, ABT, Derek Jeter, Wayne Gretzky Organizations: American Ballet Theatre, PBS, Associated Press, Twitter, Misty Copeland Foundation, Lincoln Center Locations: It’s
Brandon Copeland retires from NFL after 10 seasons
  + stars: | 2023-08-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBrandon Copeland retires from NFL after 10 seasonsVeteran linebacker Brandon Copeland joins 'Halftime Report' to discuss his retirement announcement, Copeland's attempt to financially educate others, and what's next for Copeland.
Persons: Brandon Copeland, Copeland's, what's, Copeland Organizations: NFL
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