Who is Ray Dalio?
The average investor has never heard of Ray Dalio Gold Portfolio , but his name echoes in the halls of the world’s most wealthy and powerful people. His observations – a daily report – are read by the most powerful figures in finance, from the heads of central banks to those in foreign governments, even the president of the United States. He created the All Weather portfolio in order to leave a legacy through his children and philanthropic efforts that can continue decades after he is gone. Of course, anybody can show you a portfolio where you could have taken gigantic risks and received big rewards. Dalio ’s greatest genius lies in his obsession with not losing money, which leads to the ultimate balanced portfolio. Ray Dalio Gold Portfolio: Hedge fund Bridgewater Associates raised its investment in gold-backed exchange-traded funds by a third in the second quarter, buying the equivalent of 170,000 ounces of gold worth $340 million at current prices, a regulatory filing showed. T...