Founded in 1975 by Raymond Dalio, Bridgewater Associates is
currently the largest hedge fund in the world measured by assets,
with $90 billion under management. It's also one of the most
controversial hedge funds in the world. The firm's culture,
which takes its cues from Dalio's 122 pages of "Principles"
(publicly available via the firm's website), has been called
everything from "cultish" and "unhealthy" to "demeaning" and
"brutal." However, others, including many on the Bridgewater
staff, say the unique and demanding culture -- whose main tenet
is emotions and egos get in the way of healthy and sound
business decisions and so those things must be left at the
door -- brings out the best in its 1,200 employees, and is
largely why the Westport, Conn.-based firm is one of the most
profitable on the planet.