Ray Dalio, billionaire founder and chief investor of Bridgewater Associates, the world’s largest hedge fund, said the era of easy money and the crypto craze are over.
Ray Dalio on Bloomberg’s The David Rubenstein Show dated February 3 In his speech, investors easy money making is over and crypto is overrated told.
Millionaire, High interest rates with the view that it will further increase the debt the central bank’s plan to reduce inflation by raising interest rates He said he didn’t like it.
Dalio in his interview krypton in the portfolio that there is but very small one the percentage He said he created it. Also in his speech personal to recommendations also included.
Dalio said that people should live according to their means. themselves and to their families look how much money do they need He said they had to calculate. Ythe value of your investments to lose In the case of this money they calculated two fold aim to win and accordingly saving to do He also advised them to learn.
Dalio said that investors should diversify their asset classes and said, “trash of fiat money‘ he repeated.