Billionaire investor Ray Dalio has offered rare portfolio guidance for those seeking protection from the declining value of fiat currencies.
Speaking on the Master Investor podcast, the founder of Bridgewater Associates advised that roughly 15% of a well-balanced portfolio should be allocated to gold or Bitcoin – two assets he sees as safeguards against monetary debasement.
While Dalio reiterated that he personally favors gold, he acknowledged Bitcoin’s growing legitimacy as a store of value. He said that even if an investor has no strong opinion on where the market is heading, it’s wise to own assets that diversify against the risks tied to government money printing and ballooning national debt.
“If you’re neutral and want the best return-to-risk ratio,” Dalio explained, “then a 15% allocation to gold or Bitcoin makes sense.”
Dalio has been a consistent critic of the current fiscal trajectory in the U.S., warning that increasing debt levels and loose monetary policies are steadily eroding the purchasing power of traditional currencies. Though he declined to give specifics about his personal holdings, he confirmed he owns both assets, just “not much” Bitcoin compared to gold.
His comments come at a time when inflation concerns and central bank decisions are driving more investors to seek refuge in hard assets. Bitcoin’s fixed supply and gold’s historic role as a hedge make them compelling tools for those wary of fiat volatility.
