In a recent interview, billionaire investor Ray Dalio offered fresh insights on successful investing, emphasizing the importance of diversification and patience in investment strategies.
What Happened: Dalio, who boasts five decades of market experience, urged investors to diversify their portfolios by investing in 10 to 15 “good, uncorrelated return streams that are risk balanced.”
He labeled this strategy as his “holy grail and mantra in investing,” and assured that adhering to this mantra could result in substantial wealth.
Speaking with Yahoo Finance, Dalio underscored the significance of patience in investment strategies, warning that the nature of loss necessitates investors to earn double the lost amount to…
