Hedge fund manager Ray Dalio suggests investors put 15% into store-of-value assets amid America’s debt crisis.

American billionaire and hedge fund manager Ray Dalio has recommended a 15% portfolio allocation into Bitcoin or gold to optimize for the “best return-to-risk ratio” in light of America’s crippling debt problem and currency devaluation.

“[If] you were optimizing your portfolio for the best return-to-risk ratio, you would have about 15% of your money in gold or Bitcoin,” the founder of hedge fund firm Bridgewater Associates said during an appearance on the Master Investor podcast on Sunday.

Dalio said he has “some Bitcoin, but not much,” and is still “strongly preferring gold to Bitcoin,” however. 

But the exact split between Bitcoin 

 and gold “is up to you,” Dalio said. His 15% suggestion marks a sharp increase from the 1% to 2% Bitcoin allocation he recommended in January 2022.