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Thanks for your comment. I learn a lot of lessons from Ray Dalio, an American billionaire investor and hedge fund manager, who has served as co-chief investment
by michaelcao 4y ago
Thanks for your comment. I learn a lot of lessons from Ray Dalio, an American billionaire investor and hedge fund manager, who has served as co-chief investment officer of the world's largest hedge fund, Bridgewater Associates. He said that an idea could reach saturation point in 5 years generally. Therefore, we have been preparing new ideas from a year ago. To be honest, we failed multiple times. We developed some apps and most of them failed but we always try new ideas. That's why we still keep current job so we are safe during upcoming severe recession. Also, i am moving to be a stock investor to be diversifying my portfolios. I am currently investing in real estate, software, stock and may be crypto currencies. I believe that diversification is a free lunch during crisis.
- michaelcao 4y agoThanks for your link. It's very useful for me. Severe downturn is coming and all of us should prepare for that.