Whatever that lying fraud Bill Gates says will change the world is what I'm buying. He peddled climate change forever because idiot democrats were embezzling money with it, now he says it's not a problem.
He's backing AI now so that's what I'm investing in, until he stops getting government funding
Much easier to just buy and hold the S&P 500 in a no lode index fund. You pay close to nothing. You get what the market returns. And historically you beat 85% of money managers like Ray. It really is that easy.
Yes, if you have a home and a 401k, simp;y pick 10 to 15 uncorrelatd revenue streams, and youre done And that's all it takes. You got a job right? There's 3 streams! Sadly, highly coorelated, but just find 9 to 12 more streams. If you follow Ray Dalio and you're worth less than 10 million, you're wasting your time.
Things changed, as unexpected as we know. Hence, it's to fine ten, 10 to fifteen 15, good uncorrelated return stream. At 15, You eliminate 80% of your risk. You improve your risk to ratio of return by a factor of 5.
Bridgewater Performance vs. S&P 500: It has an average annual return of 4.88% over the last decade, compared to about 10% for the S&P 500. Don't bother listening to him.
Sounds like just going for the sp500 index fund. Instructing someone to find 10-15 good uncorrelated funds is much like telling someone to just go look for good properties that will have good returns. Going straight for the index fund takes out all the guesswork.
There is nothing uncorrelated , everything is so intertwined but that being said it does make sense to have investments in various asset classes. First learning and education all life then buying land, a bit of gold and having a business is the old school and the best way and on top of that everything else.
Indian market is the best
who can make 10-15 income streams??? 2 is hard…
Whatever that lying fraud Bill Gates says will change the world is what I'm buying. He peddled climate change forever because idiot democrats were embezzling money with it, now he says it's not a problem.
He's backing AI now so that's what I'm investing in, until he stops getting government funding
Dalio’s “holy grail” isn’t a secret formula—it’s diversification done right. Most investors think they need magic; they really need balance.
Much easier to just buy and hold the S&P 500 in a no lode index fund. You pay close to nothing. You get what the market returns. And historically you beat 85% of money managers like Ray. It really is that easy.
good luck finding uncorrelated stocks
I always appreciate you Sir for sharing your knowledge and insights about investing ! More power to you!
Pick 4-5 etfs and some bonds and keep it simple
Yes, if you have a home and a 401k, simp;y pick 10 to 15 uncorrelatd revenue streams, and youre done And that's all it takes. You got a job right? There's 3 streams! Sadly, highly coorelated, but just find 9 to 12 more streams. If you follow Ray Dalio and you're worth less than 10 million, you're wasting your time.
Of course I can set up 15 streams all by myself. 😊
uncorrelated trash is still a basket of trash. not too many uncorrelated good instruments
The issue is: everything is correlated now.
Things changed, as unexpected as we know. Hence, it's to fine ten, 10 to fifteen 15, good uncorrelated return stream. At 15, You eliminate 80% of your risk. You improve your risk to ratio of return by a factor of 5.
Bridgewater Performance vs. S&P 500: It has an average annual return of 4.88% over the last decade, compared to about 10% for the S&P 500. Don't bother listening to him.
Sounds like just going for the sp500 index fund. Instructing someone to find 10-15 good uncorrelated funds is much like telling someone to just go look for good properties that will have good returns. Going straight for the index fund takes out all the guesswork.
THE financial genius.
There is nothing uncorrelated , everything is so intertwined but that being said it does make sense to have investments in various asset classes. First learning and education all life then buying land, a bit of gold and having a business is the old school and the best way and on top of that everything else.
He is right. 15 streams over time is 10x minimum. Charlies law :-))
any more worthless advice Ray that helps absolutely nobody?
It’s simple to say this and it sounds interesting but you have never actually given good investments that meet these criteria
Greed
Assets are inherently correlated based on credit cycles, but 3-4 distinct categories should be plenty. Total return is ultimately what matters.
I'd be happy if I found 3 uncorolated good investments. We live in a world where nvidia stock prices correlate with orange juice futures 😂
Thank you so much Ray!
Fonzie…? If you know, you know 😂