Part 3: Ray Dalio's Holy Grail of Investing (The Athlete's Guide to Building Wealth)
About this episode
In this episode, Mike Nilson discusses the importance of protecting wealth and the lessons learned from Ray Dalio about diversification and risk management.
Episode 039: In Part 3 of The Athlete’s Guide to Investing, I shift the conversation from building wealth to protecting it. Because making money is only part of the equation. Learning how to keep it, manage risk, and build resilient systems matters just as much. In this episode, I break down some of the biggest lessons I’ve learned studying Ray Dalio and diversification, including: • The importance of uncorrelated assets • Why diversification is really about protectio...
Topics covered
- investing
- wealth protection
- diversification
- risk management
- financial education
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