American billionaire, financier, founder of the largest investment company Bridgewater Associates, Ray Dalio (Ray Dalio) admitted that he owns a certain amount of bitcoins, although he prefers gold. He explained that investors should be prepared for the exceptional volatility of the asset. He spoke about his attitude to the first cryptocurrency in chris williamson podcast: “I don’t understand why people are leaning more towards bitcoin than gold. Internationally, gold is the third largest reserve asset for central banks. First dollars, then euros, gold and the Japanese yen,” he said. Dalio explained that gold is a versatile asset that does not
American billionaire investor Ray Dalio has recommended that investors consider allocating up to 15% of their portfolios in Bitcoin or gold, as a hedge against rising national debt and currency devaluation in the United States. Speaking on the Master Investor podcast on Sunday, the founder of Bridgewater Associates warned of…
While speaking on the sidelines of the World Economic Forum that ended recently in Davos, Switzerland, Ray Dalio, the billionaire founder and manager of the largest hedge fund across the globe said... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…
Ray Dalio has fired a shot across the macro bow, arguing that the Federal Reserve’s latest balance-sheet guidance risks “stimulating into a bubble” rather than stabilizing a weakening economy—an inversion of the classic post-crisis QE playbook with potentially seismic implications for hard assets, including Bitcoin. In a post titled “Stimulating…