22 January 2020 · 0 min read

Ray Dalio on Gold, Bitcoin & 'Cash is Trash'

“If you want to oversimplify a portfolio, you probably want stock in the technology, disrupting companies and some gold,” billionaire investor and Bridgewater Associates founder Ray Dalio said in an interview with CNBC in Davos on January 21. However, he claims that Bitcoin is too volatile to act as a proper store of value.