Ray Dalio just revealed how much Bitcoin you need to hedge against fiat devaluation
Billionaire investor Ray Dalio has once again weighed in on Bitcoin’s role in a portfolio, this time offering a rare, specific allocation for those looking to hedge against the declining value of fiat currencies. Speaking on the Master Investor podcast with Wilfred Frost, Dalio reiterated gold and Bitcoin can play a critical role in shielding wealth from the consequences of excessive money printing and loose monetary policy. He repeated his longstanding preference for gold but acknowledged Bitcoin as a viable diversifier. “I have gold, and I have some Bitcoin — but not much. I’m not going to describe my own portfolio, but I’ll say the following,” Dalio began. Dalio then laid out a framework for investors who want to optimize their portfolio against currency debasement: “If you were neutral on anything, and you were optimizing your portfolio for the best return‑to‑risk ratio, you would have about 15% of your money in gold or Bitcoin. I’m strongly preferr...