What is it that works at Bridgewater Associates, Ray Dalio



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Many employees are afraid to criticize their peers and leaders, but at Bridgewater, the largest hedge fund in the world, you can get fired if you do not.

Bridgewater Associates, led by billionaire Ray Dalio, has a well-documented culture of "radical transparency," in which employees regularly judge each other's performance. According to Dalio, about 30% of new employees leave the company during their first 18 months, he added.

Dalio even claims that Bridgewater has the reputation of being the "Navy intellectual" for his approach to pushing employees.

While Dalio claims he avoids long interviews and cameras in his business, CBS's "60 Minutes" reporter Bill Whitaker has had an exclusive view of day-to-day operations in Bridgewater.

Here is an overview of what it means to work in Bridgewater:

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