Ray Dalio is the Chuck Norris of finance; he doesn’t ask ChatGpt, ChatGpt asks him…

@searchwikipediafallacy5567

Жыл бұрын

Great sleepy Joe has made everything correlated through his disorder, chaos, inflation, incompetence and overconfidence.

@luisantonp

Жыл бұрын

hahaha you're right

@blameItleaveit

Жыл бұрын

😂 absolutely

@jocsanrendon6365

Жыл бұрын

😂

@wearywillie3675

Жыл бұрын

Interesting. He seems like a scammer to me. He never says anything original and answers like a politician. But what would I know, im just an astronaut

Buffett was quoted as saying "You know, we think diversification is-as practiced generally-makes very little sense for anyone that knows what they’re doing...it is a protection against ignorance." I think they are both right.

@useyourbrain1232

Жыл бұрын

Most people are ignorant, even experts. Overestimating your own abilities and taking too much risk is not wise

we common people are lucky to have legend like you as a guide

On his private yacht throwing out fire Investing tips to all the mooks here on KZread.

@wayando

Жыл бұрын

😂😂😂

@jackbrady9738

Жыл бұрын

LMFAO

Nice yacht! Thanks for being with us and sharing your knowledge Ray! You're like my late grandfather who also loved yachts. Happy sailing!

Ray is a legend n generous with his knowledge. Great man 🌟

Such an amazing person ! Thank you for sharing your experiences through your insights and books!🙏

I asked ChatGPT to list 15 uncorrelated assets to invest in and this is what I got; Large-cap stocks Small-cap stocks Emerging market stocks Real estate investment trusts (REITs) Corporate bonds Government bonds Gold Commodities futures Cryptocurrencies Exchange-traded funds (ETFs) Dividend stocks High-yield savings accounts Peer-to-peer lending Fine art Collectibles (e.g. stamps, coins, vintage toys) I did a follow up question asking for the underrated ones and I got; Royalties Farmland Insurance-Linked Securities Peer-to-Peer Lending (This is not investment advice, for educational purposes only)

@springwellssw

Жыл бұрын

Minus corporate bonds dear sir/ma'am. Biden has sold the United States to Ukraine and China

@justwatching1980

Жыл бұрын

Thank you, you are a godsend!

@rayliu8401

Жыл бұрын

Then how? 😂 how to find which 10-15 uncorrelated investments?

I'm greatfull for your sincere advices. Regards from Spain And for sure, keep doing your amazing videos

ray dalio doing youtube content on a superyacht without telling viewers that he is in a yacht is a lowkey real flex

Thanks Ray! Your insight is greatly appreciated. Thank you for sharing

Nobody becomes a millionaire or billionaire by working for others and depending on them, good investment breed millions of dollars and consistency breed billions

@RichardJames-jg7bc

Жыл бұрын

Wow amazing to see here who trade with expert Mrs Lauren Allison I'm currently on 6th trade with her and my portfolio has grown tremendously,she really an expert

@NguyenDuclong-my7qz

Жыл бұрын

Haha😂😂you don’t have to be shock Mrs Lauren is really good and everyone loves genuine services,she’ve helped me recover what I lost trying to trade on my own

@Richeal-gz1fw

Жыл бұрын

Her service is top notch,My first investment with Mrs Maria trading services gave me a profit of over $25,000 ever since then they have been managing my portfolio so well

@richardwilsonray-fl6uz

Жыл бұрын

+180

@richardwilsonray-fl6uz

Жыл бұрын

5372

Thank you Ray!

Great video short and to the point love it it lead to me subscribing to your channel. Thank you!

love this guy giving so much value

Thanks for sharing !!! Keep posting. You´re a legend !!!

Thanks Ray for the great advices

Thanks Ray, please keep going publishing these, I'm not interested in Chatbot answers but yours 😂 also I start Transcendental Meditation thanks to YOUR Book! And yesterday your TM session was great! So keep up the meaningful work! 🎉 stay amazing today

@brucelee4996

Жыл бұрын

I would like to learn TM. It's the cost. It isn't cheap. 🤷

THANKS A LOT!!!. DIVERSIFICATION IS THE KEY TO THE SUCCESS. I WILL BEAR IN MIND THAT TO MY INVESTMENT IN LIFE.

Thank you Ray you are a real aspiration to many

Ray Dalio is clearly the GOAT when it comes to investing so I take his advice as gospel but no one ever gives good examples of a diversified portfolio and its returns over say a 40 year period. Nearly every asset is correlated now as they are all heavily influenced by interest rates and the economy and with the rise of algorithmic trading and machine learning most arbitrages are now gone. People say gold goes up in a recession - nope - gold goes down (everything goes down) it just bounces back quicker. People say diversify into property property takes multiples longer to recover from crashes than stocks.

@fupopanda

Жыл бұрын

That's why he said "IF you can find..." 😂

@RuskiArtem

Жыл бұрын

Agree with everything you said and I hope you’re right about gold going down in this downturn as well, but I’m beginning to think it won’t go as low as I expected before (~$1,300) but probably will get back down a bit ($1,700ish), I think this will be the last time to get “cheap” gold.

Thank you for that information Ray ❤

Thanks for the advice Ray 👍

Thank you so much Mr Ray Dalio.

Thank you Mr Ray

Thanks Ray!

That really answerd my question. Thank you 🙏🎉

You are an asset to this world 🌎 U are a living legend I wish I could meet u sometime

Hit the nail on the head

Good piece - a good reminder about the power of diversification. Remember - Markowitz never said to diversify your assets. He said to diversify your risks.

WOW. Thanks

Thanks Guruji

Thank you sir. ❤ from India 🇮🇳.

I’d love to see Ray answer this for 5 people with different experience levels: a child, a college graduate, a professional with one year of experience, a professional money manager with 20 years in the industry, and a retired professor of economics (like those Wired magazine videos from a few years ago). And I have a follow up question. What does Ray think of Charlie Munger’s philosophy of not being diversified? He calls it diworseification as you might get a good enough rate of return to generate wealth.

@ghostshipone

Жыл бұрын

Did Charlie Munger really say to not be diversified? Can you post a link please.

@justwatching1980

Жыл бұрын

@@ghostshipone kzread.info/dash/bejne/g4KEuaRxnpOsY84.html

Thank you

To make a lot of money, I need the AI that they built to make market decisions based on Ray's personality. Thats the real Holy Grail of making $. The alchemist stone, it can turn data into wealth, lead into gold. Ray is the G.O.A.T. at handling wealth. Your book is one of my life manual. Thank you.

@user-jt8rx8ii5l

Жыл бұрын

to make a lot of money you need just Ray Dalio's money :)

Thank you 🎉🎉🎉

Thank you,I’m doing that.😊

Nice boat!!!

Ray, I wonder what question you would ask Chat GPT based on the phase of the cycle we are in according to your latest book .

Kent School alumni here - thanks Ray

Go Ray go!

This man spews straight up wisdom……..

Ray is my idol

KING

I used to think everybody went broke during the Great Depression and other major crashes but they didn’t… Some made millions, I also thought everybody went out of business during these times but they didn’t, some went into business, there's always depression/recession for some people and there's always a good time for others, it's all about perspective.

@nathanjane7729

Жыл бұрын

most of these strategies and loopholes are better managed by experts and pros in the market, the average Investor on the other hand are left to suffer during a crash.

@josephlee4001

Жыл бұрын

Well if isn’t that the hard truth…this investment-adviser that guides you must really on to something…who is he?

@josephlee4001

Жыл бұрын

He appears to be well-educated and well-read. I ran a Google search on his name and came across his website; thank you for sharing.

The holey Grail of investing... Easy, buy xrp, a bag full.... Wait one year... You are a multi miljonair❤

Regarding the current inflation and the economic situation the best thing to be on every wise individual mind is to invest in different stream of income not depending on the government to generate fund.

@kennethlalla1779

Жыл бұрын

@Mordric T Keep you bloody bitcoin scam to yourself

Thanks

"Uncorrelated Investments" needs a bit more development. At large, all investments are correlated to some extent. I suppose what is meant is sectors as unreliant on each other as possible.

@isaacdarko25

Жыл бұрын

Fact 👍

@tasd5673

Жыл бұрын

Recommend any videos on this to learn

@lilithperson6266

Жыл бұрын

@@tasd5673 here's another good one: kzread.info/dash/bejne/nX1h2c2jg8qdnbQ.html

@user-oo4eq9kd4d

Жыл бұрын

You have to follow "one message foundation " channel. Also read" the break through of a mind" book it's found on KZread, "Journey of certainty " seires too, to Doctor Eyad Qunaiby , also "you have to choose " episode for Doctor Samy Amry . Believe me this is all you need ❤✋

I am Brazilian and I only invest in Brazil. My portfolio is divided into four classes, namely Fixed Income, Variable Income, Exchange (30% each) and Speculation (10%). I make monthly contributions in the class most outdated in relation to the original percentages. When a class hits 50% I sell the surplus of that class (20%) and balance to mirror the original (30,30,30,10). This is indeed the Holy Grail of Investments.

All weather portfolio.. trust me I followed his strategy and during covid my portfolio only dropped - 8% talked about risk management 💪💪👏

Gotta love this guy!! So wise, articulate and getting better with age! Like a fine wine ❤

Wise as Solomon here. "Give portion to 6, even unto 7 for you do not know what calamity may come."

"Diversification is protection against ignorance" - Warren Buffett

👍🏼

Hi. What is the fundamental unit Ray call an investment? He's talking about 10-15 specific assets that should have a low correlation between each other, or 10-15 different asset classes (with more than one asset on each class)?

Following sound principles is the means of ultimate survival in the face of uncertaunty... 😊

When the market plunges, all the boats sink...small boats, big boats, luxury boats and tankers.

Diversify, great advice.

Thank you Ray! Can you do a good ten minute video on this. Provide examples to us laymen.

@midohijazi

Жыл бұрын

He has a diversification video lecture on youtube he explains it in details, in short pick 15 assets that have minimal correlation and you will increase you worth drastically overtime

@ahsanmohammed1

Жыл бұрын

@@midohijazi Great. Thank you Armando! Can you please provide me with the title. Again, thank you!

@midohijazi

Жыл бұрын

@@ahsanmohammed1 kzread.info/dash/bejne/gKlozqqag8uddJc.html

@user-oo4eq9kd4d

Жыл бұрын

You have to follow "one message foundation " channel. Also read" the break through of a mind" book it's found on KZread, "Journey of certainty " seires too, to Doctor Eyad Qunaiby , also "you have to choose " episode for Doctor Samy Amry . Believe me this is all you need ❤✋

As someone currently saving to become a investor. I must ask…is it important/beneficial to know what’s going on in the world? In terms of what’s being built, the “new” trends, who’s doing what, where and why, maybe even government investments like whatever is up for debate at the moment (like green energy atm)

@turkishromeo83

Жыл бұрын

no, just follow the markets and they will tell you, what's really important and what's not...

Hi Ray, how are your shorts against european stocks doing ? :)

I gotta say, this I whole heartedly agree with, without reservation. But people only realize that when they are already Rich, and well, most people don't get there...

You’re looking better.

That is why investing in broad based index fund is important

Diversification is 100% right, but don't look for just uncorrelated assets. Correlation only covers linear dependence. You are looking for statistically independent assets with positive returns, ones that have extremal independence. Many funds got that wrong during the financial crisis.

What is diversification? Is to invest in different things not related each other?

@rockymagic1256

Жыл бұрын

Exactly for example VOO (s&p500) is unreleated with VNQ or VWO one are for real state and the other for developmentarkets you can diversify with the Sweensen model for example

Is it a good idea to put your money in where the “smart money” are going , meaning the top 10 investments for the super rich ?

All Weather!!!

Holy Grail of Investing 💯%

LOL....ChatGPT! So funny! Anyway Ray, I am living proof of your holy grail...🇨🇦..D I V E R S I F i C A T I O N💯

So if Invest with the Sweensen model personalized for myself I'm doing it right??

It is really mind boggling how Charlie Munger would be on the other side of the coin : "What you need is an investment that you wouldn't need diversification"... But he means it more in a practical way Ray DOES say it: you need *good* bets, but munger has seen it to often that people thinking about diversification buy 15 times crap and end up with a crap portfolio.

Diversity , physical gold & silver in your own possession ✌️

How do you define “diversify well”?

Risk managment is the most important. If you don't know how to do that then find an ETF that has that diversification and rest easy my friends.

@MegsCarpentry-lovedogs

Жыл бұрын

I know right! With so many conservative ETF or split corps that have a basket of aristocrat stocks within them.....investing safely now a days is so easy and has a lot more peace of mind. 👍 ☺🇨🇦

If you don’t know what you are doing and want mediocre returns, then diversify. If you know what you are doing, pick a handful of companies that you understand inside out, and believe in for great returns.

@justwatching1980

Жыл бұрын

I agree. I doubt Ray diversified as much as he’s telling us to.

@justwatching1980

Жыл бұрын

@Joe from chatGPT: One of Munger's famous quotes on diversification is "The idea of excessive diversification is madness." He believes that while diversification can help reduce risk, it can also dilute returns by spreading investments too thin. Munger argues that investors should focus on a few high-quality investments rather than a large number of mediocre ones. However, Munger also acknowledges that diversification is necessary to some extent. In a speech at the 2008 Annual Meeting of Shareholders of Wesco Financial Corporation, Munger stated, "We think diversification, to some extent, is a very good thing. But to the extent it causes you to be negligent in your top holdings, we think it is a very bad thing."

ChatGPT is amazing, I am going to ask it how the goldman sach is pillaging the world :). Yesterday I asked it to write a table of 25 , solve an integral problem of int(sin(2x)tan(x)), amazingly it solved it step by step like humans.

I like how you don’t give an answer like a silver bullet, instead ask us to ask ourselves better questions about what we need to find out.

Deworsefication as Charlie Munger says. Other great investors also say that finding one or two great opportunities is all you need to be great investor

@david9243

Жыл бұрын

Most noteably Warren Buffett and he’s right why diversification makes little sense. Dalio speaks to those who dont know and arent reading thousands of balance sheets.

Would you stick with companies that have. Good MOAT? Do you invest like Charlie munger?

how will dedollarisation impact on india sir... it is growing very well right now

Diversity (10-15 stocks) or go all in on 2-3 companies during the crash?

Making a fortune is good, keeping a fortune is better

Annick, thanks so much for asking chatgpt what question to ask Ray! No human could have thought up such an insightful question. Truly a one of a kind question.

Artificial General Intelligence will be the most influential and powerful investor ever within a decade. It can create algorithms in real time based on your thoughts

ChatGPT answered "Do the opposite to Jim Cramer & James from Invest Answers"

Dear Mr.Dalio... what you say is valid for the stock market (10 uncorrelated stocks) or the should be 10 really uncorrelated business, like stock, bonds, real estates and so on...? If so I find it very difficult to find 10-15 uncorrelated business. Thank you!

@moreno3461

2 ай бұрын

Once again... What are 15 uncorrelated assets?

Max was here

..10 diversified return streams, does this imply to only have 10% invested in the US?

I wish he could be my investment coach. I appreciate his insight, it is just lacking in substance for my level. Thanks Ray!

@juliahicks7178

Жыл бұрын

If you could pick only one of you statements, which would it be?

For those of us starting now, we don't have time to get 10 or 15 investments. We may not have time for more than 3 before the collapse. What should we invest in if we only have access to a few thousand

Could have done with this before I went all in on crypto at literally the worst time for investing in 100 years 😭

@monkeysezbegood

Жыл бұрын

Not the worst time. Just investing in very high risk thinks with very uncertain benefit. It was all a bit mental.

@midohijazi

Жыл бұрын

Using the word crypto and investing is wrong at many levels. Crypto is speculation, you invest in companies and treasuries. Read read read, and use this loss as an opportunity to learn for next investments.

@arron911

Жыл бұрын

@@midohijazi Wise advice my friend on crypto. Though I would argue Bitcoin as a separate entity can be classed as a form of investment.

@midohijazi

Жыл бұрын

@@arron911 I am a pro Bitcoin also, and it will be adopted heavily with the monetary war. But again speculation hard to predict the future, and if it would happen institutions would shake it down and determine it as dead before getting it back into new bull cycles. I would be surprised if we dont hit lower than 10k next year before adoption. Goodluck out there.

Be careful of following even the great investors, if they fuk up (and they certainly do...Alibaba etc) they just offset their capital gains with the loss and do something else. That's not often an option for beginners. I'm slowly selling individual holdings into ETFs. I'll keep around 10% of my portfolio now in individual stocks only. Remember 90% of active investors fail to beat the market over the long term. Are you really better than them?

Most important principles is to have millions and be patient..

So, what If construct my portfolio and it will be lying on efficient frontier, i am gonna be good investor with a stable good return? And what about investing in index? There are a lot of stocks in SP500, so it is already a good diversification, why I should think about 10-15 companies to reduce my risks if I can just buy an index?

@denisplotnikov6875

Жыл бұрын

@Joe S&P 500 include only stocks, and it is diversified by the best available way, why i should think of investing in 10-15 companies? I did not get his point.

I maybe know and have access to 5-6 different asset classes, so finding 10-15 of these assets and uncorrelated sounds like impossible task. To me there is just one asset - equities. And diversification comes from over 7000 companies held in global index fund. I am not sure if this is the same diversification Ray is talking about.

@antoniobacic5674

Жыл бұрын

To some extent - yes. The key word in his presentation was „uncorrelated“. He carefully searched and skillfully found uncorrelated and probably even negatively correlated assets (doesn’t matter if within the same asset class or not). This is what made him rich. In lays terms, uncorrelated means that a person is “always“ going to perform well, if he has two sources of income that don’t work in tandem, so that when one doesn’t work, the other does. Example: a person, who, when it’s sunshine, drives his boat for fishing or tourists, and when it’s rainy, he gives lessons in his other profession he’s very good at. An index of global stocks is probably the best one can get without performing correlation analysis among stocks, sectors, asset classes and economies.

I don’t think chatGPT would have said anything better than that.

If everyone diversifies will it work?

@andrewboyles3412

Жыл бұрын

Yes.