Why ‘Cash is Trash’ When Investing

‘Cash is Trash’ -Ray Dalio

I admit to the man-crush I have on Ray Dalio.

But I’m not alone.

Just look at P. Diddy swooning over him in his private masterclass session.

Ray Dalio is the real deal. When he talks, you can bet the smartest people in the world are paying full attention.

I’m no different, minus the intelligence that is.

For those not familiar with Ray Dalio, he’s the founder of Bridgewater Associates, the largest hedge fund in the world.

He’s also just a straight-up cool dude.

He’s used transcendental meditation to hone his thinking since the Beatles popularized it in the 1960s, and now dedicates much of his time on educating others like us.

His hedge fund is more akin to a silicon valley startup in terms of its corporate culture than a financial institution. Every meeting within the firm is recorded and made available for everyone to see and learn.

As part of his effort to educate us on financial matters, he’s written the book ‘Principles’, where he reveals the secret sauce of his firm’s success. He’s also made viral videos like this 30min youtube animation on ‘How The Economic Machine Works.’