#RayDalio #billionaire #yahoofinance
Yahoo Finance’s Ines Ferré and Akiko Fujita discuss news that Ray Dalio is stepping back from his hedge fund, Bridgewater Associates, and new outlook on holding cash.
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A diversified portfolio includes cash position of 10 to 30%.
This guy is a big joke
No, cash is trash, just not as trash as equities in an environment of rising interest rates, and having a trash asset with very high liquidity makes a lot of sense if buying opportunities are increasing and likely to continue increasing.
Is he seriously pivoting AFTER the most historic collapse of the asset markets…?
Like seriously after the historic collapse? This is where you start seeing the ones with real conviction vs the ones who got “lucky” with couple sleek catch phrases.
i think something is up. He was very explicit in the past he saw long term negative rates and ‘cash is trash’ must still be something he believes.
Cash was never trash… Everyone in banking knew for the last few years that there was a looming liquidity crisis.
lol way to go Ray, let’s all get in now that the dollar has peaked and is at a multi year high already. SLOW CLAP
What’s the dealio, Dalio?
I was falling for this idea thinking this man truly cares and is sharing knowledge to the common people…. HE WAS SAYING THIS TO MOTIVATE LITTLE PEOPLE TO PUT MORE MONEY INTO THE STOCK MARKET, HE KNEW IT WAS A MATTER OF TIME BEFORE IT WILL GO DOWN, LITTLE PEOPLE PUT MONEY IN STOCK BECAUSE HE SAYS CASH IS TRASH, THEN THEY CRASH THE MARKET AND TAKE LITTLE PEOPLES MONEY….😢
NOW SEPT 2022 HE IS SAYING, CASH IS NO LONGER TRASH… THEY WANT THE LITTLE PEOPLE OUT OF THE STOCK NOW CAUSE THE BIG CLUB WILL BUY NOW AT A DISCOUNT… THEN HE WILL PLAY THE FANFARES AGAIN FOR LITTLE PEOPLE TO DUMP MONEY IN THE STOCK MARKET AND THE CYCLE WILL CONTINUE.