Billionaire Ray Dalio thinks universal basic income is no magic wand — and may even do more harm than good

Tech Insider : Economy, Economy
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Ray Dalio founded Bridgewater Associates.

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My internship at Bridgewater Associates felt like a 'Black Mirror' episode.

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the author collaged with office imagery and a red and black background
Daria Rose's experience interning at Bridgewater Associates was eye-opening and transformative.

Daria Rose; Getty Images; Chelsea Jia Feng/BI

See the private island outside NYC that a hedge fund exec is listing for $35 million

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An aerial view of Rogers Island, with the house and pool visible.
Rogers Island could be yours for a cool $35 million.

Daniel Milstein Photography

Elite investor Ray Dalio says risk of US civil war is up to 40% — and thinks Taylor Swift could be a good president

Tech Insider : Economy, Economy
ray dalio
Ray Dalio founded Bridgewater Associates.

Reuters / Ruben Sprich

Nvidia wins fresh support as firms tied to Bill Gates and Ray Dalio reveal stakes in the microchip giant

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Bill Gates.

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Bridgewater rigged its famous 'believability weighting' system after founder Ray Dalio complained that some employees scored higher than him, book says

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Ray Dalio
Ray Dalio was less than thrilled that other employees were scoring higher than him on Bridgewater's famous believability weighting measure, according to a new book.

Reuters/ Ruben Sprich

Bridgewater spent $1 million renovating a 45-foot 'Rockstar Bus' to shuttle employees between the office, bars, and casinos, book says

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Ray Dalio, Bridgewater Associates on Centre Stage during day two of Web Summit 2018, in front of green and pink lights.
Bridgewater's "Rockstar Bus" took staff to bars and casinos, a new book says.

Eoin Noonan /Web Summit via Getty Images

A Bridgewater-owned mansion had a written policy for hiring strippers, a new book says

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Ray Dalio
Ray Dalio founded the world's largest hedge fund in 1975, and stuck with the company until he retired in 2022.

Eugene Gologursky/Stringer/Getty Images

Bridgewater's employee-rating system tracked even the lowest-paid workers — who could get dinged if the office ran out of soda, a book says

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Ray Dalio
Ray Dalio founded Bridgewater in 1975. His tactics for managing his staff are the subject of a new book called "The Fund."

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Paranoid Bridgewater employees ventured into the woods to take some calls — until a rumor spread that the company was looking into installing listening devices in the trees, a new book says

Tech Insider
Ray Dalio
Rob Copeland's new book, "The Fund," details apparent surveillance that caused paranoia among employees at Ray Dalio's hedge fund, Bridgewater.

Eugene Gologursky/Stringer/Getty Images

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