Berkshire Hathaway Inc (BRK.B)

[gfp927z]

Bar, I also wondered about his 'commodities' allocation, since they didn't elaborate on exactly which commodities Dalio owns. There are many types of commodity ETFs, but they haven't done well over time, except for gold and a few of the metals.

Commodity ETFs usually include things like precious and industrial metals, oil/natural gas, agricultural, livestock, and sometimes wood/timber and paper. But with inflation subdued, these ETFs have been dogs for years, some of the worst performing ETFs out there (DBC, GSG, DJP, RJA).

Some 'Natural Resources' ETFs have done somewhat better, but still on the doggy side (IGE). Looks like the best performance came from wood/lumber/paper ETFs (WOOD, CUT).

I'll probably just include the 7.5% commodity allocation in with the gold and silver allocation, boosting it to 15%.

I still can't believe my dad's portfolio allocation is so close to Dalio's. He doesn't have the huge Treasury exposure though. His bond allocation is like Dalio's at 55%, but there are lots of munis and corporates, so building up the Treasury side might be a wise move. Ray Dalio is reportedly worth $18 bil, so he must be doing something right :o)