Dalio Holds onto Bitcoin but Still Prefers Gold
Ray Dalio, founder of Bridgewater Associates, continues to hold Bitcoin in his portfolio but prefers gold. Speaking on the Diary of a CEO podcast, he explained that while Bitcoin is one type of money, gold is still his preferred investment.
Dalio clarified that Bitcoin only makes up 1% of his portfolio and cited concerns over its vulnerability to technologies like quantum computing and government regulation.
This marks a shift from previous statements where Dalio initially expressed skepticism towards investing in Bitcoin. He has since acknowledged its presence in his portfolio but emphasizes the importance of gold as a store of value.