Personality Based Hiring - Bridgewater’s Success Mantra

The origins of Ray’s principles for life and work could be traced back to 1982 when Bridgewater registered enormous losses due to a wrong prediction made by Ray on the global economic outlook. In 1982, Ray publicly predicted a global economic recession after Mexico failed to pay back its loans. However, contrary to his predictions, the US stock markets registered a bull run for 18 consecutive years and the economy witnessed its longest ever period of noninflationary growth. ..