Ray Dalio

Yes, makes the risks comparable. What happens is it's the nature of investment markets that less volatile investments have less returns. over that period. So what happens is if you do certain things to increase their risk or decrease their risk, you can risk balance them.

Yes, makes the risks comparable. What happens is it's the nature of investment markets that less volatile investments have less returns. over that period. So what happens is if you do certain things to increase their risk or decrease their risk, you can risk balance them.

Yes, makes the risks comparable. What happens is it's the nature of investment markets that less volatile investments have less returns. over that period. So what happens is if you do certain things to increase their risk or decrease their risk, you can risk balance them.

Most financial markets do well when the credit system is normal. And when the credit system is not normal, when there's too much debt and there are big problems, gold is an effective diversifier. In other words, what's the value of money? And when it's too much debt, there's a problem. So gold, it should be part of a portfolio as a diversifier. Now, what's that amount? Between 10 and 15%.

Most financial markets do well when the credit system is normal. And when the credit system is not normal, when there's too much debt and there are big problems, gold is an effective diversifier. In other words, what's the value of money? And when it's too much debt, there's a problem. So gold, it should be part of a portfolio as a diversifier. Now, what's that amount? Between 10 and 15%.

Most financial markets do well when the credit system is normal. And when the credit system is not normal, when there's too much debt and there are big problems, gold is an effective diversifier. In other words, what's the value of money? And when it's too much debt, there's a problem. So gold, it should be part of a portfolio as a diversifier. Now, what's that amount? Between 10 and 15%.

If you have a traditional portfolio and you have about 10 or 15% in gold, and that kind of bad time happens, you will be well diversified. So whether you expect a good time or a bad time, it's a good thing to have between 10% and 15% in the portfolio.

If you have a traditional portfolio and you have about 10 or 15% in gold, and that kind of bad time happens, you will be well diversified. So whether you expect a good time or a bad time, it's a good thing to have between 10% and 15% in the portfolio.

If you have a traditional portfolio and you have about 10 or 15% in gold, and that kind of bad time happens, you will be well diversified. So whether you expect a good time or a bad time, it's a good thing to have between 10% and 15% in the portfolio.

And then there's the question of crypto. There are pros and cons to crypto. Okay, here's how I look at crypto. During very difficult times, there is a desire to have privacy for ownership.

And then there's the question of crypto. There are pros and cons to crypto. Okay, here's how I look at crypto. During very difficult times, there is a desire to have privacy for ownership.

And then there's the question of crypto. There are pros and cons to crypto. Okay, here's how I look at crypto. During very difficult times, there is a desire to have privacy for ownership.

gold is an investment that has been held by central banks that they can securely hold because it's in their hands there's a saying that gold is the only asset that you can have investment asset that is not dependent on somebody giving you something and so central banks i don't believe are going to hold

gold is an investment that has been held by central banks that they can securely hold because it's in their hands there's a saying that gold is the only asset that you can have investment asset that is not dependent on somebody giving you something and so central banks i don't believe are going to hold

gold is an investment that has been held by central banks that they can securely hold because it's in their hands there's a saying that gold is the only asset that you can have investment asset that is not dependent on somebody giving you something and so central banks i don't believe are going to hold

crypto in the same way because it can be monitored, who's owning it, what is being done with it, and also it can be taken in various ways legally. So crypto is less appealing to me than gold, but I have some crypto, a smaller amount, a much smaller amount than gold. But I think the important thing is to have, whether it's gold,

crypto in the same way because it can be monitored, who's owning it, what is being done with it, and also it can be taken in various ways legally. So crypto is less appealing to me than gold, but I have some crypto, a smaller amount, a much smaller amount than gold. But I think the important thing is to have, whether it's gold,

crypto in the same way because it can be monitored, who's owning it, what is being done with it, and also it can be taken in various ways legally. So crypto is less appealing to me than gold, but I have some crypto, a smaller amount, a much smaller amount than gold. But I think the important thing is to have, whether it's gold,

and or crypto to have some non-traditional money type of investments because of the diversification. If the credit system and the debt problems become real and there's a significant chance that they can become real problems, I think that it's very important to have that as a diversifier.

and or crypto to have some non-traditional money type of investments because of the diversification. If the credit system and the debt problems become real and there's a significant chance that they can become real problems, I think that it's very important to have that as a diversifier.