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Bridgewater Manager Ray Dalio Defends His Firm's 'Radical Transparency' | Tony Seruga
Sep
13

Bridgewater Manager Ray Dalio Defends His Firm’s ‘Radical Transparency’

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Ray Dalio, the head of Bridgewater Associates, at the World Economic Forum last year. Mr. Dalio defended his firm’s internal culture as misunderstood during a hedge fund conference on Tuesday.CreditJason Alden/Bloomberg

The billionaire hedge fund manager Ray Dalio on Tuesday defended the “unusual” culture at his $150 billion firm, Bridgewater Associates.

Speaking at a hedge fund conference in Manhattan, Mr. Dalio said Bridgewater’s policy of “radical transparency” was not for everyone. He said the firm had a policy of taping all meetings “for everybody to see so that there’s no spin.”

“Some people absolutely hate it, and some people could never work anywhere else,” he said…

Bridgewater Manager Ray Dalio Defends His Firm’s ‘Radical Transparency’

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