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