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Slate News

The Bully of Bridgewater

Slate News

Slate Podcasts

News Commentary, Politics, News

4.56K Ratings

🗓️ 11 November 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

This week, Felix Salmon, Emily Peck, and Elizabeth Spiers are joined by Rob Copeland of The New York Times to discuss his new book The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend, which examines the vast difference between Ray Dalio’s public persona and Bridgewater’s private reality. Then, Felix, Emily and Elizabeth cover the end of the SAG-AFTRA strike, and WeWork’s bankruptcy. 


In the Plus segment: More with Rob Copeland!


Podcast production by Jessamine Molli.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

Hello!

0:12.0

Hello.

0:18.0

Welcome to Slate Money, your guide to the Business and Finance News of the Week. I'm Felixaman of Axios with Emily Peck of Axios.

0:21.0

Hello, hello, hello.

0:22.0

With Elizabeth Spires of here. family Peck of Axios. Hello, hello, Hello.

0:23.0

With Elizabeth Spires of Here, Slate, and New York Times and places like that.

0:27.0

Hello?

0:28.0

We are going to talk about Bridgewater this week,

0:30.0

the world's biggest hedge fund and its founder Ray Dalio and the book that has been

0:35.4

written about it called the fund and all of the crazy that has been going on at

0:40.2

that fund and whether and how it works. We are going to talk about the

0:45.4

actor strike which is now over. Well done studios and actors for coming to

0:49.6

agreement on that. We are going to talk about we work which is now in bankruptcy we have even

0:55.6

more bridge water in the slate plus we will learn about dog walking services in the

1:00.7

numbers round it's all coming up on slate money. Okay, so I think we should start by talking

1:10.4

about this amazing new book by Rob Copeland where he does all of this insane

1:18.1

reporting about what goes on inside Bridgewater which certainly used to be and I

1:22.1

think probably still is, the biggest hedge fund in the world.

1:27.0

And Emily, you are kind of up to speed on Bridgewater, but I feel there's someone better to talk about the book.

1:35.8

Are you asking me something, Felix?

1:37.8

What I'm asking you is who is the best person to talk about this book?

1:40.4

Well, Rob is the best person to talk about the book because Rob wrote the book.

...

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