Ray Dalio is the founder and co-CIO of Bridgewater Associates, the world's largest hedge fund, with $150 billion in assets under management. In an interview for Business Insider's podcast, "This Is Success," Dalio said that the succession plan he began in 2010 taught him to be a better leader. There were multiple people who had to be moved in and out of roles, and Dalio had to learn how to step back and prepare a co-CEO successor who was already familiar with the requirements.