Ray Dalio | The All-In Interview

Bullish:

• $COMMODITIES - Ray Dalio recommends investing in commodities as a hedge against both economic downturn and inflation, emphasizing their potential to perform well in various economic scenarios.

  • “Commodities, ideally also those that might do well if the economy doesn't do well because you're dealing also with the inflation environment, are always gone to.”

    Ray·29:09
• $GOLD - Ray Dalio confirms he owns gold, indicating it as a preferred store of value over other assets like Bitcoin.

  • “I have some. Not nearly as much as as gold.”

    Ray·0:08
• $AI - Ray Dalio emphasizes the critical importance of AI to national competitiveness, suggesting significant value and growth potential in the AI sector.

  • “The AI war, it's a war that no country can lose. If China or The US really lose this war, it's more important than profits.”

    Ray·0:08
• $PRODUCTIVITY - Ray Dalio stresses the importance of real returns and purchasing power, implying a preference for investments that maintain or increase real value.

  • “You have to look at your returns in real dollars. What can you buy?”

    Ray·1:41:09

Bearish:

• $TECH - Ray Dalio compares the current tech market to the dot-com bubble of 1998-1999, suggesting potential overvaluation and implying caution in the tech sector.

  • “This looks quite a quite a lot alike like 1998 or '99 where the assets of the the, you know, the new hot thing”

    Ray·38:25