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Day: March 18, 2021

Why Billionaire Investor Ray Dalio Believes Cash is “Trash”

December 23, 2025March 18, 2021 by Mark Adams
cash is trash

There was a time in the world where the phrase “cash is king” ruled supreme… According to billionaire Ray Dalio, founder of the biggest hedge fund in the world, that time is now over. “I believe cash is and will continue to be trash (i.e., have returns that are significantly negative relative to inflation), so … Read more

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