Hedge Funds
Must-read business news, delivered every morning. : Having made a fortune in hedge funds, Ray Dalio has now turned to the less lucrative business of book writing. His first—Principles—was a success among the CEO crowd, describing among other things his devotion to the management practice of radical candor. This week, book two comes out—A Template for Understanding Big Debt Crises. I’ve read the galleys, and can’t claim it’s a page turner.