‘What you don’t know is greater than anything you do know’: How Ray Dalio would build a portfolio to withstand a popping AI bubble

AI SUMMARY

# Investment Summary Ray Dalio advocates building portfolios with inflation hedges and undervalued AI companies to protect against a potential AI bubble collapse, suggesting investors should focus on assets outside the mainstream AI hype rather than concentrated bets on obvious AI leaders. The strategy emphasizes humility about market uncertainty—acknowledging that unknown risks pose greater threats than recognized ones—implying diversification away from overvalued mega-cap AI stocks toward inflation-resistant assets and overlooked AI opportunities.