In this episode of pplpod, we explore the life and career of Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates. From launching the firm in a two-bedroom New York City apartment in 1975 to amassing a net worth of over $15 billion, Dalio has become one of the most influential figures in modern finance.

We discuss Dalio’s unique rise, including the infamous early career moment when he was fired for punching his boss at a New Year’s Eve party. We also break down his signature investment philosophies, such as "risk parity" and the "Pure Alpha" strategy, as well as his widely read books, including Principles: Life & Work and The Changing World Order.

Finally, we examine the complexities behind the billionaire's reputation, from his commitment to the Giving Pledge and ocean conser ...