Billionaire Ray Dalio Knocks Meme Stock Hype, Warns of Dangers
In his recent remarks on X, Dalio pointed to meme stocks as a prime example of misguided market behaviors. He noted that traders typically chase after popular ideas without evaluating whether the price justifies the investment. Dalio stressed that people confuse current strong performance with future value. In his view, investors disregard cost levels, focusing rather on previous gains. Focus on price, avoid leverage, and prepare for a changing macro landscape.
He emphasized that traders typically chase after popular ideas without examining whether the cost validates the investment. Dalio stressed that people mistake recent strong performance with future value. In his view, investors overlook cost levels, focusing instead on past gains. Focus on price, avoid leverage, and be ready for a shifting macro environment.
