The Fund, 9781250809063
Paperback
Inside Wall Street’s largest hedge fund: power, paranoia, and broken principles.
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The Fund

ray dalio, bridgewater associates, and the unraveling of a wall street legend

$47.61

  • Paperback

    352 pages

  • Release Date

    10 June 2025

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Summary

The Fund: Unmasking Ray Dalio’s Bridgewater Empire

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 …

Book Details

ISBN-13:9781250809063
ISBN-10:1250809061
Author:Rob Copeland
Publisher:St Martin's Press
Imprint:St Martin's Press
Format:Paperback
Number of Pages:352
Release Date:10 June 2025
Weight:454g
Dimensions:235mm x 155mm x 25mm
What They're Saying

Critics Review

“This is a terrific dagger of a book packed with cringey detail…one of the better books ever written about Wall Street….The Fund is the perfect rage-read.” –New York Times Book Review

“At last, the era of the billionaire philosopher-king has a defining book. The Fund is a taut, nonfiction thriller.” –Bryan Burrough, author of Barbarians at the Gate “A classic American story about the most famous man on Wall Street–or the person he seems to be. The Fund manages to both shock and entertain at the same time.” –Philipp Meyer, bestselling author of American Rust and The Son “The most explosive, mind-blowing business book I’ve ever read–and the most fun, too.” –Bradley Hope, co-author of the New York Times bestseller Billion Dollar Whale and Pulitzer Prize finalist

“Devastating…full of delectably awful anecdotes.” –Bethany McLean, bestselling author of The Smartest Guys in the Room “It’s a great book…everyone should read it!” –Kara Swisher, co-host of the podcast Pivot

“It would be funny if it weren’t so tragic” –Andy Kessler, The Wall Street Journal

“The book indicts the culture of Bridgewater as a hothouse of authoritarian nuttery: quasi-religious fanaticism and fantastical greed ruled by surveillance, fear and show trials presided over by a man they called ‘the Godfather’ – James Comey – working to sate his emperor’s whims.” –Steve Schmidt, MSNBC political analyst, founder of “The Lincoln Project”

“Writing with droll aplomb, Copeland takes a torch to Dalio’s reputation as a Wall Street savant…the result is a hugely entertaining depiction of unbridled wealth colliding with unhinged folly.” –Publishers Weekly “A closely observed investigation…Copeland’s history of the firm benefits from deep sourcing, drawing on new on-the-record interviews, internal documents, and multiple leaked e-mails…[offering] a vivid snapshot of Dalio’s psyche.” –The New Yorker (Best Books of 2023) “An unsettling exposé of a leading investment fund….A vivid portrait of soul-killing micromanagement in a ruthless corporate setting.” –Kirkus “A jaw-dropping narrative…Financial reporter Rob Copeland has written a book that blows apart the mystique of Bridgewater and the man at its center. The Fund manages the improbable task of living up to its strapline of ‘unravelling’ a Wall Street legend.” –Financial Times

“Weird… Dalio may be anxious for the rest of us to move on from this book. But it offers a rare, vivid, and disturbing glimpse at a hedge fund that seems to have leaned too far into crafting a corporate culture. And much of that history has been kept a secret until now.” –Fortune

“Copeland’s gripping book exposes the cult-like culture at Ray Dalio’s Bridgewater Associates.” –Spear’s “An epic page-turner…reads like the slimmest of thrillers.” –The Messenger “A hedge fund horror story.” –The Australian “A page-turning portrait of a bully and bullshit artist–and, more fundamentally, a damning indictment of the elite compulsion to conflate wealth with genius.” –The Lever

About The Author

Rob Copeland

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 his reporting 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.

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