Hedge fund manager Ray Dalio advises that investors allocate roughly 15% of their portfolios to store-of-value assets like gold or Bitcoin to help balance risk and returns.
Although Dalio personally favors gold because of its long track record and role as a monetary asset, he recognizes Bitcoin’s attraction for many investors due to its capped supply and increasing use as a form of money and digital store of value.
At the same time, Dalio expresses caution about Bitcoin’s underlying technology and privacy-related concerns. He is skeptical that central banks will adopt Bitcoin as an official reserve currency, citing practical and institutional obstacles. In addition, Dalio has warned about broader macroeconomic risks, including the potential consequences of rising U.S. government debt for markets and financial stability.