Thoughts on Ray Dalio

[Anonymous No.54135695]

I listened to him to keep assets not cash and got burned on this rate hike cycle

[Anonymous No.54135763]

you lost because you listened to a glowie

[Anonymous No.54135765]

>>54135695
Ray Dalio
>Ignore China locking down and collapsing and reverting to communism
>Ignore the troop morale in China so low they deployed suicide helmets to force them to comply at the L.A.C
>Ignore how building after building project is getting blown up by the state
>Ignore the unpaid wages
>Buy my book about how China is rising!
He's not wrong about the U.S waning, he's just disgustingly wrong about anybody rising. I wouldn't take his investment advice either. He was all in on China for some fucking reason, even Tesla is trying to leave.

[Anonymous No.54135771]

hes just another grifter

[Anonymous No.54135843]

>>54135695
He made only 72.1% since 2013 in the market, while S&P500 made ~238%. He doesn't know what he's talking about.

[Anonymous No.54135939]

>>54135765
He correctly identifies the Amsterdam > London > New York chain of economic empires and believes china will follow next. What he doesn't understand is that the culture that made the US rich is derived from the city of London culture, which in turn is derived from Amsterdam. Meanwhile, China has a completely different cultural history.

Americans in general are unaware that different cultures exist because they view "culture" as food, traditional clothes and dances, and other bs. They don't understand just how different different populations perceive the world. And that's why he misjudges China, because he thinks it's just another country with an anglo-saxon mindset when it's obviously anything but

[Anonymous No.54135990]

>>54135765
this, I liked his portfolio construction until he went balls deep in VWO and Chyyyyna ETFs

[Anonymous No.54136055]

>>54135695
Ray Dalio has published so much contend targeted at retail investors, and imo he is doing it bc he genuinely want to "teach" young people about the world of investing, i don't think there are ulterior motives behind it (other than shilling his books).

[Anonymous No.54136057]

>>54135695 (OP)
He made only 72.1% since 2013 in the market, while S&P500 made ~238%. He doesn't know what he's talking about.

[Anonymous No.54136129]

>>54135939
>Londinistanese culture
Bruh, London ain't been london for a while.
Amsterdam is a brothel.

[Anonymous No.54136145]

>>54136055
>and imo he is doing it bc he genuinely want to "teach" young people about the world of investing
good goy lmao

[Anonymous No.54136179]

>>54136055
He's either another wolf in a sheep's clothing, or he's incompetent. In my country there are also investment gurus that want to "educate" investors. But in reality they sell overpriced books with knowledge that you can find on investopedia, and even more costly financial literacy courses. I don't know what Dalio's grift is as I don't care about hedgies that can't even beat S&P500. His portfolio is all it takes to know that there is no point in listening to him.

[Anonymous No.54136189]

>>54135695
> Ray Dalio says he’s changed his mind and cash is no longer trash as an investment
https://www.cnbc.com/2022/10/04/ray-dalio-says-hes-changed-his-mind-and-cash-is-no-longer-trash-as-an-investment.html
He changed his mind last year anon. You need to keep up when times they be 'a changin

[Anonymous No.54136241]

>>54135939
you fucking tard, Dalio won't shut the fuck up about how China is completely different to the western sphere and how different they are.

I can't say if his assessment is write or wrong, I don't actually understand chinese culture at any depth but it sounds like you've never heard him actually talk about china.

I've actually realised everyone in this thread is totally retarded, nevermind. People thinking multibillionaire hedgefund manager needs to make money from selling books in 2023.

[Anonymous No.54136919]

>>54135765
I suspect that if he ignored those things it was because they are internet memes that either have a very loose or no connection to reality or are unrepresentative of the wider economy