Before becoming the founder of Bridgewater Associates, not to mention a celebrated author, Ray Dalio faced a moment of financial distress that reshaped his entire approach to investing and life. After being fired early in his career, Dalio founded what would become the world’s largest hedge fund as an independent operation, run out of his
Hackers launched a wave of sophisticated attacks on Wall Street firms in recent days, targeting information systems at major money managers, according to people familiar with the matter. Point72 Asset Management informed investors on Wednesday that it had been attacked, though the hedge fund’s initial indications were that no client information was stolen, according to
