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Book of the week

“The most important lesson of this book is to be a bit more sceptical about investment and management gurus”

The Fund

Ray Dalio, Bridgewater Associates and the Unraveling of a Wall Street Legend

Rob Copeland Macmillan, £22

You can’t fault Ray Dalio for lack of ambition. Bridgewater Associates, which he founded and still runs at the age of 74, is the world’s largest hedge fund, managing around $100bn in assets. He, Wall Street Journal reporter Rob Copeland tries to uncover the reality behind the legend.

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