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Episode 410: Billionaire Ray Dalio Predicts The Next Big Market Crash

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Why Diversification Is So Important?

In order to win in the game, you are playing against others. It's like when you go to the track, you're going to have to play against the handicappers. The only way I can do it is I need to diversify my bets. Anybody could diversify well. If you know how to do that well., he says. "It is the most important thing."

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