Bridgewater Associates

also referred to as: bridgewater

15 statements across 2 episodes · 4 bullish · 1 bearish · 2 people on the record · first statement Oct 11, 2017 by Ray Dalio · said 40 times in 8 episodes since 2016 · across every show →

Mentions by year

brought up most by Shane Parrish (24), Daniel Kahneman (6), Jeff Hunter (4), Ray Dalio (2), Morgan Housel (2), Naval Ravikant (1), Aaron Dignan (1)

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2025 3 mentions in 1 episode
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2020 12 mentions in 1 episode
2019 3 mentions in 1 episode
2018 2 mentions in 1 episode
2017 17 mentions in 2 episodes 9 per episode
2016 2 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Bridgewater Associates, oldest first

Oct 11, 2017
Disclosure
Bridgewater records nearly all internal meetings and discussions
“All discussions, meetings are taped and pretty much unless it's an ultra personal matter. We don't do that unless it's something proprietary. We don't do that, but when we're encountering other things most things, we let people see things, and the reason is if…”
Ray Dalio Oct 11, 2017 ▶ 44:23 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 neutral
Assertion Not checkable as stated
Dalio punched his boss on New Year's Eve while drunk
“He and I were drunk on New Year's Eve, and yeah, you know, and we had we had this playful, fun challenging relationships, and I decked him, and he then crashed the car when he went home, and his wife chewed him out, and I figured that I was going to lose my jo…”
Ray Dalio Oct 11, 2017 ▶ 1:33 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 neutral
Disclosure
2017 marks Dalio's transition out of the Bridgewater CEO role
“2017 is my transition year. It's why I wrote the book, and it's why I'm in that process.”
Ray Dalio Oct 11, 2017 ▶ 1:02:04 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017
Disclosure
Dalio: Bridgewater scores team members to conduct believability-weighted voting
“And we literally have scores of these tests and whatever they are that become the scores. So we have believability weighted voting.”
Ray Dalio Oct 11, 2017 ▶ 23:19 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 neutral
Assertion Not checkable as stated
Dalio: College hires and experienced hires succeed equally at Bridgewater
“The people who come directly from school are tend to be a little bit more arrogant, know a little bit less, and go through a transformation that's pretty much easier. They're more adaptable. So that's why they're prone to like it, but it, but also depending on…”
Ray Dalio Oct 11, 2017 ▶ 34:52 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017
Assertion Not checkable as stated
Dalio: Adapting to Bridgewater's culture typically takes about 18 months
“So it's a transition. It's probably like a transition of trying to eat healthy and exercise and do those types of things. Typically takes about 18 months.”
Ray Dalio Oct 11, 2017 ▶ 28:54 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 positive
Disclosure
Dalio: Bridgewater debates decision criteria rather than individual choices
“Rather than thinking about what our decision is, we spent more time thinking about what our criteria for making the decision is.”
Ray Dalio Oct 11, 2017 ▶ 1:22:48 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 positive
Assertion Not checkable as stated
Bridgewater anticipated the 2008 financial crisis by studying the 1930s
“The only reason we were able to anticipate it and benefit from it is because it, we felt that it was necessary to understand what had happened in the thirties and what happened before, because the same things happen over and over again.”
Ray Dalio Oct 11, 2017 ▶ 16:07 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 negative
Insight
Dalio: Neither autocratic nor democratic decision-making works well in organizations
“The problem that most people have at that point is that either there is an autocratic decision maker or a democratic decision maker. Neither of those work well. The autocratic decision maker is just the guy who's the boss who says, okay, well, now I'm going to…”
Ray Dalio Oct 11, 2017 ▶ 22:34 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 positive
Assertion Supported
Dalio: IBM Watson creator Dave Ferrucci works on Bridgewater data processing
“We have on the data collection processing type of thing, we have a fellow by the name of Dave Ferrucci, who was the person who started and created Watson at IBM.”
Ray Dalio Oct 11, 2017 ▶ 1:00:18 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017
Disclosure
Dalio: Bridgewater's 1982 crash forced him to borrow $4,000 from his father
“I was so broke that I had to borrow 4000 dollars from my dad”
Ray Dalio Oct 11, 2017 ▶ 13:23 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 neutral
Disclosure
Dalio has no attachment to Bridgewater's culture after his departure
“No, no, it's, I would say it's like a family in the next generation, right? It's now up to others to make that choice, to not be attached.”
Ray Dalio Oct 11, 2017 ▶ 1:03:52 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017
Insight
Dalio: Historical market patterns repeat and can be codified into algorithms
“Everything happens over and over again. Right? Everything I, we think of this as, everything's another one of those. So by being able to look at history and make the connections and examine how the mechanics of the cause-effect relationships are, That's what w…”
Ray Dalio Oct 11, 2017 ▶ 3:38 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 bullish
Disclosure
Dalio plans to release Bridgewater's internal management tools publicly
“A lot of these tools I'd like to get out there and make public at some point, I'm figuring out how to do that.”
Ray Dalio Oct 11, 2017 ▶ 43:09 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Jan 21, 2020
Insight
Recurring employee delivery failures always stem from manager communication flaws
“If you, if you're in a situation Where you're like, you know, I've talked to the, I keep talking to my employees, and they keep not getting what I'm saying, and they keep, ah, you know, messing up and not delivering on time. A, that's not about them, that's ab…”
Jeff Hunter Jan 21, 2020 ▶ 1:36:29 #74 Jeff Hunter: Embracing Confusion
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