🔥 Ray Dalio: Cash is Now Relatively Attractive

Billionaire investor Ray Dalio believes that his iconic phrase "cash is trash" no longer holds true in the face of profound macroeconomic shifts.

At this juncture, he holds a favorable view of conventional currency, applicable to all types of investors.

He elucidates this stance by highlighting that, given a real yield (adjusted for inflation) of approximately 1.5% per annum and the absence of price risk, cash presents itself as rather appealing when juxtaposed with alternative assets.

It's worth noting that Dalio had previously ventured into Bitcoin, albeit expressing a more neutral standpoint regarding the pioneer cryptocurrency.