MarketWatch – Ayn Rand, high priestess of capitalism, reincarnated in an American hedge fund? Deep in the collective conscience of the world’s leading hedge fund, the $122 billion Bridgewater?
Yes, Rand’s spirit is alive, in the vision of the iconic Ray Dalio, the perfect capitalist, 55th on the 2010 Forbes 400 with $5 billion, a guy who could easily be cast as Howard Roark, the ultimate individualist in “The Fountainhead.” Here’s his secret: Why his flagship fund Pure Alpha II returned 44.8% in 2010.