Hedge Funds

Bridgewater builds algorithmic model from employees’ brains

Friday 23 December 2016 at 08:51

Bridgewater builds algorithmic model from employees’ brains

Deep inside Bridgewater Associates, the world’s largest hedge fund firm, software engineers are at work on a secret project that founder Ray Dalio has sometimes called “The Book of the Future”.

The goal is technology that would automate most of the firm’s management. It would represent a culmination of Dalio’s life work to build Bridgewater into an altar to radical openness – and a place that can endure without him.