Tag Archives: Ray Dalio

Ray Dalio’s Dollars

Ray Dalio is the highest-earning hedge fund manager on the planet.

Institutional Investor estimates that the founder of Westport-based Bridgewater Associates — often called the biggest hedge fund in the world — earned $2 billion last year.

That’s close to double his 2017 take of $1.3 billion — good for only 4th on the hedge fund manager earning list.

Let’s hope he shops locally.

(For the full New York Times story, click here. Hat tip: Gil Ghitelman.)

Ray Dalio, at Bridgewater’s Weston Road office.

Behind Bridgewater

Bridgewater Associates is notoriously security-conscious.

But last night, “60 Minutes” profiled the Westport-based hedge fund — by some accounts, the world’s largest.

Bill Whitaker’s story focused on founder Ray Dalio. It offered glimpses of the Weston Road headquarters — including not only shots of the exterior, but the seldom-seen interior.

Ray Dalio, at Bridgewater’s Weston Road office.

Cameras even recorded analysts in action, and a staff meeting.

Analysts in action …

Bridgewater has a reputation as a secretive place to work — almost a cult. Nearly every meeting is taped, for later analysis.

In his “60 Minutes Overtime” segment, Whitaker says, “I expected it to be a place where everyone was almost afraid of their own shadow. I didn’t see that at all.”

Click here for the full “60 Minutes” story. Click here for “60 Minutes Overtime.”

… and Bill Whitaker, during a staff meeting.