The Cash Conundrum: Ray Dalio's Warning About the Worst Investment Ray Dalio, billionaire founder of Bridgewater Associates, has sounded the alarm about cash as a safe haven investment.
He claims that holding onto cash, even in interest bearing accounts, can be disastrous over the long term. Dalio's views on investing are worth considering, especially when it comes to fundamental principles.
His warning about the perils of cash is timely and highlights how our assumptions about safest investments may be misplaced. Inflation is a major concern today, with prices rising at an annual rate of 3.