The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend

 
　　瑞．達利歐（Ray Dalio）是華爾街公認教父級的投資大神，白手起家創建了全球最大的避險基金公司「橋水」，他獨特的投資原則改變了華爾街，名列時代週刊世界百大影響力人物，富比士世界百大富豪，全世界企管界、金融業將他的大作《原則》視為思維模型和成功法則的經典。
 
　　2022年底，達利歐光榮卸任投資長，宣布離開橋水基金，投身慈善事業。然而，本書將毫不留情地揭露這位傳奇投資者的工作和生活秘辛，引爆話題！
          
　　本書作者羅伯．柯普蘭（Rob Copeland），曾長期在華爾街日報報導與對沖基金相關的新聞，現任紐約時報金融記者。他深入權力和財富的核心，在訪談過橋水基金公司內、外好幾百人後，把這位華爾街金融大亨的一切，毫不掩飾、赤裸裸地紀錄在這部作品中。
 
　　達利歐對公眾營造出慈善家的形象，但事實上，金錢和權力遊戲，是如何挑戰人性和道德界線？為何出現了另一種說法，表示達利歐助長了偏執、充滿敵意的負面文化？這本未經達利歐授權，卻格外受矚目的傳記，勁爆、精采程度，比小說更勝一籌！(文/博客來編譯)

The unauthorized, unvarnished story of famed Wall Street hedge-fund manager Ray Dalio. An instant New York Times bestseller!

Ray Dalio does not want you to read this book.

When the billionaire founder of Bridgewater Associates, the largest hedge fund on the planet, announced in 2022 that he was stepping down from the company he started out of his apartment nearly 50 years ago, the news made headlines around the world. Dalio cultivated an aura of international admiration and fame thanks to his company’s eye-popping success, coupled with a mystique he encouraged with frequent media appearances, celebrity hobnobbing, and his bestselling book, Principles. In The Fund, award-winning New York Times journalist Rob Copeland punctures this carefully-constructed narrative of the benevolent business titan, exposing his much-promoted ＂principles＂ as one of the great feats of hubris in modern memory--in practice, they encouraged a toxic culture of paranoia and backstabbing.

The Fund is a page-turning, stranger-than-fiction journey into a rarefied world of wealth and power. It offers an unflinching look at the pain so often caused by the ＂radical transparency＂ Dalio has described as a core tenet of his recipe for business success and a meaningful life. Drawing on hundreds of interviews with those inside and around the firm, Copeland takes readers into the room as former FBI director Jim Comey kisses Dalio’s ring, recent Pennsylvania Senate candidate David McCormick drinks the Kool-Aid, and a rotating cast of memorable characters grapple with their personal psychological and moral limits--all under the watchful eye of their charismatic leader.

This is a cautionary tale for anyone convinced that the ability to make lots of money has anything at all to do with unlocking the principles of human nature.

Rob Copeland is a finance reporter for the New York Times. He was previously the longtime hedge-fund beat reporter at the Wall Street Journal, and has also covered Silicon Valley and the hidden worlds of the wealthy and powerful. His front-page investigations into Bridgewater Associates won a New York Press Club award; he was also awarded an honorable mention twice by the Society of American Business Writers (SABEW) and was named a News Media Alliance ＂Rising Star＂ (formerly Top 30 Under 30). He has appeared on ABC’s ＂Good Morning America,＂ NPR and other major news networks.