Ray Dalio
Ray Dalio founded Bridgewater in 1975. His tactics for managing his staff are the subject of a new book called "The Fund."
  • Bridgewater employees have famously rated one another's performance in real-time.
  • High-earning managers and lower-paid custodial staff were all subject to the public ratings, a new book says.
  • Ray Dalio even fired an employee based on his peers' answers to a poll about him, "The Fund" says.

It didn't matter if you were one of the top bosses, or one of the lowest-paid people on the ladder: If you were an employee at Ray Dalio's hedge fund, you were going to get publicly rated — and a new book sheds new light on the process.