The fight to lead the world’s largest hedge fund

Ray Dalio founded the firm that became the world’s largest hedge fund more than 40 years ago. For years, he promised to retire. Rob Copeland, author of The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend, takes us inside the fight to succeed him – a negotiation that lasted almost two decades – exposing Bridgewater’s bizarre culture and Dalio’s leadership failures. For more from The Closer and to subscribe to our newsletter, visit www.thecloser.fm. The Closer is a Project Brazen production. Subscribe to Brazen+ on Apple Podcasts or at brazen.fm/plus and get exclusive bonus episodes for The Closer and all our shows, as well as ad-free listening and early access to new podcasts. For more fearless storytelling visit brazen.fm, home to all our podcasts, documentaries and newsletters. At Brazen, we show you how the world really works – from espionage and corruption to deal-making and organised crime, we’ll take you inside stories from hidden worlds. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://brazen.fm/plus/