Ray Dalio Reevaluates ‘Cash Is Trash’ Mantra, Considers Cash Attractive in Current Environment
Billionaire investor Ray Dalio, known for co-founding Bridgewater Associates, one of the world's largest hedge funds, has stated that the "cash is trash" mantra, which he popularized in the past, is no longer true in the current macroeconomic environment. According to Dalio, recent shifts in financi ...