Money

Investing legend Ray Dalio tells investors to not own bonds or cash

5 days ago   |   By Business Insider

Brian Snyder/Reuters
Ray Dalio told investors to not own bonds or cash in an interview at the Bloomberg New Economy Forum on Tuesday. The Bridgewater Associates founder explained that central bank policy has "changed the economics of borrowing." "In my opinion, don't own bonds, and don't own cash because they're producing a lot of debt and producing a lot of money to fund it, and so that's changing the nature of capital flows," said Dalio. He told investors to diversify between currencies, asset classes, and countries because it's the best way to reduce risk without reducing opportunity...
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From Chamath Palihapitiya to Ray Dalio, here's what 7 investing titans think about bitcoin as it soars to new heights

6 days ago   |   By Business Insider

Reuters / Dado Ruvic
Bitcoin has surged nearly 150% in 2020 and rose above the $18,000 threshold on Wednesday for the first time in three years. Billionaire investor Chamath Palihapitiya said in 2017 that the coin could reach $1 million in the next 20 years, while Michael Novogratz sees the coin surging to $60,000 in the next twelve months. Meanwhile, so-called Bond King Jeffrey Gundlach said "I don't believe in bitcoin. I think it's a lie." Detailed below is what seven investing titans think about bitcoin as it soars to new heights. Watch Bitcoin trade live here. Bitcoin rose above...
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