This is the second part of a two-part episode about the history of Risk Parity Style Investing. The 60-40 style of portfolio was come up with as believed to be the best kind of portfolio for long-term investing, but really showed some cracks during the 1970s and 1980s. Most people in the financial industry credit Ray Dalio and his firm Bridgewater; we can find this history in a monograph called the All Weather Story written in 2012 that I will link to in the show notes.