MIAMI—“We aspire to be the best investment fund in the world,” Eileen Murray, Bridgewater Associates’ co-chief executive officer, told the packed ballroom in the opening panel of Context Summits Miami, a gathering of allocators and hedge funds here.

She then shared the “secret sauce” to the sustained outperformance at world’s biggest hedge fund, something anyone present could adopt themselves, should they dare: Bridgewater Associates has been so successful, year after year, Murray said, because of its unique and intense culture.

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