Ray Dalio is an investment LEGEND. He’s regarded as one of the greatest innovators in the finance world, and I have a HUGE amount of respect for the guy. However…
He’s an INVESTOR.
And that’s significantly different to being a TRADER. So, whenever traders bring up Dalio’s investment advice, I become extremely careful.
A popular video from Ray called "The Holy Grail" shows the relationship between correlation and risk, and how the benefit of diversification diminishes until it’s gone.
Many traders translated this into a holy grail of trading 15 highly uncorrelated strategies, so we put it to the test for algo trading and the results were extremely surprising!
In this “Empowered Trader Club” issue, I share what we found, so if you want to know how to achieve more stable and predictable results by IGNORING famous investing principles, check out this issue!
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