The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend by Rob CopelandMy rating: 5 of 5 stars
Brilliant journalism turned into a book by Rob Copeland. It felt like reading the script for the famous "The Office" TV series - with its megalomanic boss, inappropriate jokes, mistreating colleagues and endless office gossips. Just less humour.
When I read Ray Dalio "Principles: Life and Work" some years ago, I gave it a 4-star review, appreciating many of the pieces of the management advice from the book, but wrote following:
I cannot agree with all of these principles. Many of them felt too stretched and reminiscent of "the brave new world" of a perfect organisation of corporate soldiers where everyone is expected to work 60-hours weeks. The praised idea meritocracy (the best ideas win) at times reminded autocracy (in the end, the big boss still decides). "Sorting" people according to their psychological personas felt too stretched as well.
This book by Rob Copeland basically explores these dubious principles put in practice at Ray Dalio's Bridgewater Associates. As a result, you get a pretty toxic workplace.
Great financial results, great salesmanship, many useful management lessons - but at what cost?
My advice would be to read both books and decide for yourself.
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