Core Viewpoint - The article discusses Ray Dalio's investment strategies, particularly the All Weather strategy, and how his life experiences shaped his investment philosophy [3][5][8]. Group 1: Ray Dalio's Background and Investment Journey - Ray Dalio graduated high school in 1966 and invested heavily in the stock market, but faced significant losses during the market downturn in the late 1960s [13][14]. - After suffering losses in the stock market, Dalio shifted his focus to commodities, particularly gold, during the 1970s bull market [16][20]. - The price of gold surged from $37 per ounce in 1971 to a peak of $850 per ounce in 1980, leading to substantial profits for Dalio initially [18][20]. - However, by the early 1980s, gold prices collapsed, and Dalio's heavy investment in commodities resulted in significant losses [21][24]. Group 2: Development of the All Weather Strategy - Dalio's investment losses prompted him to diversify his portfolio, leading to the creation of the All Weather strategy, which aims to balance risk across various asset classes [27][28]. - The All Weather strategy involves allocating different assets, including stocks, bonds, gold, and real estate, based on their risk profiles [29][30]. - This strategy is also known as the "risk parity" strategy, where each asset class contributes equally to the overall portfolio risk [32][31]. Group 3: Performance and Implementation of the All Weather Strategy - The effectiveness of the All Weather strategy improves with a broader range of asset classes, particularly those with low correlation [41][44]. - Bridgewater Associates, Dalio's firm, offers both private and public versions of the All Weather strategy, with the private fund generally performing better [45][46]. - In 2025, Bridgewater launched a public ETF for the All Weather strategy in the U.S. market [47]. - The All Weather strategy has also been applied in the Chinese market, with a similar ETF strategy yielding approximately 60% returns over nine years [50][51]. Group 4: Advantages and Usage of the All Weather Strategy - The All Weather strategy is recognized for its stability and strong risk management, especially during periods of high asset valuation [61][62]. - It serves as a robust investment approach during the late stages of bull markets when single assets may experience significant volatility [64].

长按即可参与 市场上赚快钱的方法，基本都像买彩票。有人运气好，短期暴富，但更多人连本金都保不住。你 可能听说过身边某个朋友靠炒股暴赚，但你可能没听说，他后来又亏回去了，还搭上了几年积 蓄。 投资不是赌博，不能靠运气，得靠方法。 今天我们就来聊聊，普通人该怎么投，才能真的赚到钱。 01 "快"和"对"，哪个更重要？ 你见过高速倒车的吗？ 很多人一提到投资，就想着"快速翻倍""一年赚100%"，但现实往往是亏得怀疑人生。 为什么？ 因为他们在一开始就走错了方向。 投资也是一样，很多人一开始就想"快"，但没有想"对"，结果就是开得越快，摔得越惨。 正确的做法是，先选对方向，再考虑速度。市场上的投资机会有很多，但真正能长期赚钱的，往 往是那些稳定增长的资产，而不是那些暴涨暴跌的投机品种。 我们来看两个真实案例： ✅ 案例1：长期稳健投资——巴菲特的持股策略 沃伦·巴菲特是世界上最成功的投资者之一。他的投资哲学很简单： 长期持有优质资产 。 例如，他1988年买入可口可乐的股票，并长期持有，几十年间，这笔投资带来了数十倍的回报。 他一直强调： "投资的关键是找到伟大的企业，并持有它们。" 他的年均收益率约20%，远高于 ...