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Rebel Capitalist News

News: Ray Dalio Just Revealed His "Recession Proof" Portfolio

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 21 September 2023

⏱️ 11 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Hello, Hello, hello, Robo Capital, hope you're well.

0:02.2

Ray Dalio has just come out and revealed

0:06.1

his new recession proof,

0:08.6

or even inflation proof portfolio.

0:11.8

Kind of weird how those two go together.

0:15.0

Let's go right over to this C. M.C. article and check it out.

0:19.0

We'll see what Dahlia is talking about here and I'll let you know if I agree with him.

0:23.0

So headline, Ray Dahlia says to hold cash temporarily, but don't buy debt and bonds.

0:29.7

Hmm.

0:30.7

You can already see that, okay, let's go a little further because this seems like he's contradicting himself.

0:39.6

If you're holding cash, why on earth would you not hold a bond called a T-bill for one month

0:44.8

and get 5.5% on that cash? Anyway all right I'm sure he'll get into that explain

0:51.8

himself three key talking points mid-mounting concerns or rising interest rates and inflation levels.

0:58.4

Bridgewater, Associates, founder Ray Dahlia said he prefers cash.

1:02.0

Again here, I think that the editor might not be under,

1:06.4

the editor might not understand what Ray is saying.

1:08.5

I'm going to give Ray the benefit of the doubt

1:10.7

because he's worried about inflation and. the reading here. The billionaire investor pointed out that when debt accounts for a substantial

1:24.9

share of the economy, the situation tends to compound and accelerate. Dahlia says the biggest

1:31.1

mistake that most investors make is believing that markets that

1:34.4

performed well are good investments. Well I'd agree with them there for sure and the

1:39.2

opposite is true as well. So yes, believing that markets that performed well are good investments, I would call that

...

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