“People don't have, typically, an adequate amount of gold in their portfolio,” Dalio told CNBC (3). “When bad times come, gold is a very effective diversifier.”Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, has been pounding the table on gold’s importance.Read more: Warren Buffett used 8 solid, repeatable money rules to turn $9,800 into a$150B fortune. Start using them today to get rich (and stay rich) ’Of course, not everyone has the time — or the back muscles — to dig for g ...