Stocks are trading within a tight measure of all-time highs, but haven’t been the primary driver of above-average returns in 2016. The bottom line is that the All Weather portfolio has been Bellwether Stock: A stock that is believed to be a leading indicator of the direction of a sector, industry or market as a whole. Bellwether stocks are often used to determine the direction in Here is what that means for a $50,000 investment. $50,000 invested in the All Weather Portfolio in 1984 grew to approximately $625,000 by 2013. Alternatively, $50,000 put into the S&P 500 in 1984 grew to over $1,060,000. That is $435,000 more. Even with the reduced risk of Ray Dalio’s All Weather portfolio, that is a big difference.