Reported 2 days ago
Ray Dalio, founder of Bridgewater Associates, cautions that we are on the brink of a recession and warns of potential risks worse than a recession due to global monetary order breakdowns. He emphasizes the importance of diversification in investments, referring to his 'Holy Grail of investing' strategy, which involves finding 10 to 15 uncorrelated return streams to improve return-to-risk ratios. Dalio highlights gold as a critical asset for portfolios, especially during economic uncertainty.
Source: YAHOO