The Fund: Rob Copeland on Ray Dalio

Published: June 3, 2024, 8 a.m.

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This episode is sponsored by Better Help.

Is the famed hedge fund Bridgewater Associates operating a cult in plain sight? Or is it just a little bit culty? Journalist and author Rob Copeland joins us for a deep dive into Wall Street\\u2019s seedy underbelly, and the troubling story of Bridgewater\\u2019s founder\\u2014the pseudo philosopher-king Ray Dalio. You\\u2019ll want to read Rob\\u2019s NYT bestseller \\u2018The Fund\\u2019 \\xa0this summer, if you haven\\u2019t already, and then you can decide whether or not you agree with us that Ray Dalio is radiating serious Keith Raniere vibes. Rob joins us to chat about Dalio\\u2019s strange world and the uncanny parallels between the planet\\u2019s largest hedge fund and NXIVM.

About Rob Copeland:\\xa0

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\\u2019s "Good Morning America," NPR and other major news networks. His NYT Bestseller The Fund was published in late 2023, and we get why it topped the charts: We think it is a freakin\\u2019 page turner!

Show Notes:
Assorted articles about The Fund, and Ray Dalio. (Sorry, but we don\\u2019t control paywalls.)

NY Post article\\xa0

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Business Insider article\\xa0

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Vanity Fair article\\xa0

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NY Mag article with book excerpt\\xa0

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Airmail article

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NY Times feature (2017)

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Also\\u2026let it be known that:

The views and opinions expressed on A Little Bit Culty do not necessarily reflect the official policy or position of the podcast. Any content provided by our guests, bloggers, sponsors or authors are of their opinion and are not intended to malign any religion, group, club, organization, business individual, anyone or anything. Nobody\\u2019s mad at you, just don\\u2019t be a culty fuckwad.

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Credits:

Executive Producers: Sarah Edmondson & Anthony Ames

Production Partner: Citizens of Sound

Producer: Will Retherford

Writer & Co-Creator: Jess Tardy

Theme Song: \\u201cCultivated\\u201d by Jon Bryant co-written with Nygel Asselin

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