Ray Dalio Just Explained Why He's Cautious on AI Stocks. Here's What He Said.

When Ray Dalio speaks, investors tend to listen, and likely for good reason. He ran Bridgewater Associates, the hedge fund he founded, for half a century, and over that time, he was one of the most successful investment managers in history. In fact, he has long used history as a guide for deploying capital, and today, he believes history offers lessons for how investors should approach the AI boom. Specifically, he sees echoes of 1929 and 2000 in the current situation, and is urging investors to approach AI stocks with caution. Here is what he said and why investors may want to heed his advice. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.