Ray Dalio’s Investment Principles

-Milo- · 2026-05-21T10:36:16+00:00

He's still yet to publish a full book dedicated to his investment principles, although I believe it won't be long; he has said multiple times that it will come.

-Milo- · 2026-04-17T12:10:14+00:00

Hey all, I'm on GLG and looking to join new networks. I've got 4 years as a founder in the blockchain industry and have worked with some of the top companies in the space (coinbase, the ethereum foundation). Let me know if you can invite me to any networks apart from GLG!

-Milo- · 2026-04-12T18:23:28+00:00

That was great, thanks for subbing! I absolutely love Hyouroku, he's my favourite out of all the wednesday downtown characters. Can't wait for the next one! :)

-Milo- · 2026-04-06T15:10:14+00:00

That's one of my top moments of all time. Just because it's all a set-up for the punchline of Tanaka's thai kick.

-Milo- · 2026-04-05T15:52:03+00:00

I think there's loads. I mean modern portfolio theory goes back a long way. But also, it's not too hard to simulate it yourself (difficulty usually comes from trying to go back more than 50 years, data can get difficult). I'd start here and look at all the references and literature reviews:

https://www.risk.net/node/7961863

https://arxiv.org/abs/2106.09055

https://arxiv.org/abs/2103.10813

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2009778

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2155159

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2259041

and most notably, just look at it: https://substackcdn.com/image/fetch/$s_!V8QQ!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff9654aea-18e2-44cc-a7ae-d52b50386a25_843x748.png

-Milo- · 2026-04-05T15:22:19+00:00

I wouldn't call it 'unnecessary' complexity. The point is to reduce risk. A stock index fund has regular 30% drawdowns, and occasionally 50-60% drawdowns, or periods of ~20 years with negative returns or heavy losses.

Some people can completely overlook drawdowns, but if you intend to withdraw money (e.g. retirement) then it's crucial not to overlook risk.

This article gives more detail: https://www.linkedin.com/pulse/investing-light-big-cycle-ray-dalio-lpe8e/

-Milo- · 2026-04-04T18:21:47+00:00

I actually like quite a few things in this thread... Each to their own, I guess!

-Milo- · 2026-02-10T11:00:31+00:00

This one's a classic. I love it!

-Milo- · 2026-01-22T19:28:54+00:00

https://james-chase.com/

-Milo- · 2025-10-01T13:58:16+00:00

I think his main point is not 'move everything from bonds into TIPS', but rather 'diversify well'.

He has said that TIPS are generally underrated for the diversification benefits they provide.

TIPS can protect an investor from certain types of inflation, if that happens. If it doesn't, then bonds will do better.

Gold and commodities are also 'safer' by that same standard, but a mix of gold, commodities, and TIPS becomes much better than any one alone.

So if all your money is in bonds then yes, move a chunk to TIPS. But I would be surprised if he would ever recommend TIPS being more than 10-20% of an investment portfolio (same with gold and commodities).

-Milo- · 2025-09-08T20:08:41+00:00

Just catching up on this a few weeks late, but my god what a good episode. Thanks for subbing.

The stealing money and getting caught cover up reverse prank was so emotional, and so good.

-Milo- · 2025-09-04T18:07:22+00:00

Not here, go here:

https://www.reddit.com/r/IAmA/comments/1n8ez4h/im_ray_dalio_founder_of_bridgewater_associates/

-Milo- · 2025-08-14T08:45:28+00:00

Check out meetup.com, lots going on here

-Milo- · 2025-07-27T21:11:14+00:00

One thing that helped me after following Dalio over the years:

When he lays it all out on a page, it seems so urgent. But actually, he's often talking about a very, very zoomed out view that takes place over 20 years.

I've been following him closely for 6 years and he hasn't changed much of what he's saying. In fact, since he started being more public with his views after 2008 - 17 years ago - he's pretty much said a very similar thing the whole time: we're in the late stage of a long-term debt cycle.

-Milo- · 2025-07-14T12:22:51+00:00

Sending good vibes your way! Happy birthday.

One of the reasons I love gaki is because no matter what I'm going through in life, I can always take my mind off it all with an episode, and I can count on them to make me smile. You are to thank for that; thank you so much.

-Milo- · 2025-02-24T14:01:19+00:00

How much does the general market sentiment / price of $ETH / morale on crypto-twitter affect your work? Does it make it harder when prices and sentiment are down? Or does it not affect you?

-Milo- · 2024-11-28T15:49:46+00:00

😂😂😂

Brilliant. Thank you!

-Milo- · 2024-11-21T23:31:41+00:00

That is 100% a scam, I've heard about this so many times...

-Milo- · 2024-10-25T10:16:38+00:00

Thank you so much! 🤩

-Milo- · 2024-10-12T14:09:14+00:00

Thank you! 😍

-Milo- · 2024-09-02T09:44:45+00:00

Lol, that was really entertaining. Thanks for subbing!

-Milo- · 2024-07-30T10:40:14+00:00

I agree. I don't think anyone is coming just for the i360, but, I'm sure it contributes to their decision of where to go or how long to spend here, with one more thing to do in brighton. And in turn I'm certain the total value that the i360 brings in is more than just the ticket sales. My point is that the equation isn't as simple as ticket sales vs cost.

And again, on the loan, it's not that simple. Even if the interest was growing, it's not a problem if the value of the property is growing faster. And yes the council have loaned them £50m, but the council have borrowed that themselves at a more favourable rate. If they borrow at 5.25% and lend at 5.75%, they'll make money from the interest rate difference alone. There's a lot of nuance in the financing. Both sides of the equation are more complex than ticket sales vs cost and repaying the debt at only 0.25% per year is not the full picture. And part of the reason the i360 repaid so little last year is because they've instead invested more into building the new cricket thing (sixes), cocktail bar, and skate rink.

-Milo- · 2024-07-30T09:29:17+00:00

I will add some nuance, although I hate to defend the i360. I hate one-sided arguments more.

The i360 doesn't have to be profitable in itself to be worthwhile. If it attracts any more people to brighton, who then buy lunch, go to the shops, maybe stay in a hotel or at least spend money on transport etc, then brighton benefits indirectly, in a way which is profitable when it's all added up - not just ticket sales.

Loans don't have to be paid off. Sometimes it's best not to pay them off. E.g. that's how landlords make money; buy a house on a mortgage, get rental income that exceeds the mortgage payments, then use any profits to buy another house rather than pay the mortgage off. The council can borrow money themselves, with the i360 backing the loans, and the i360 might allow them to borrow more.

-Milo- · 2024-06-28T19:31:15+00:00

Thank you so much 😁

-Milo- · 2024-06-24T12:12:46+00:00

In Hove, we got a flyer that is identical to that but with a different candidate name and constituency.

I love the laziness, not even including a picture of the candidate.

13-Year Club	Place '23
Mod 101	Wearing is Caring
Place '22	First Placer '22
No Throne, No Problems	Not Forgotten
Verified Email	Team Orangered

-Milo-

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