Wall Street Financier: Notes from High Altitude©
He who makes a beast out of himself gets rid of the pain of being a man.
Bridgewater’s Ray Dalio has the Principles book coming out this month, and finance folks are eating it out like candy. You can watch the TED Talk Ray did in April to familiarize yourself with him. Some people had an outraged reaction to his principles, including those who stamped his name …
If you’re not familiar with a WSJ article on Bridgewater Associates (BA) culture, click the link. Today, Henry Blodget of Business Insider published a Q&A interview with Ray Dalio which represents Dalio’s rebuttal to the earlier Journal report. I’ll comment on BA’s self described “idea meritocratic way” and Dalio’s apparent critique …
