The All-Weather Portfolio: How to Build a Portfolio That Thrives in Any Economy
60/40 portfolios worked when rates fell for 40 years. Now both crash together during inflation. Ray Dalio’s All-Weather spreads risk equally: 40% long bonds (TLT), 15% intermediate (IEF), 30% stocks (VTI), 7.5% gold (GLD), 7.5% commodities (DBC). Add 10-month trend filter to cut drawdowns 50%. Rebalance annually. Thrives when you can’t predict growth/inflation/recession/stagflation.
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