Ray Dalio breaks down his “Holy Grail”

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‘If you have 3 uncorrelated investments, you will reduce your risk by about 50%. But if you have 15 uncorrelated assets, you will reduce your risk by 80%, while improving your return to risk by a factor of 5.’

Short video here — IU.com.au/share/?dsctp=shr-yt&shr=Nu4lHaSh7D4&symbol=SPX500USD

“Two rules for Investing/Trading: Rule number one: Most things will prove to be cyclical. Rule number two: Some of the greatest opportunities for gain and loss come when other people forget rule number one.” – Howard Marks

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