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with the market being as it is, actually very wise to have a lot of cash on hand :) we also operate this way. i could become unemployed today and we buffer enou
by collinvandyck76 4y ago
with the market being as it is, actually very wise to have a lot of cash on hand :) we also operate this way. i could become unemployed today and we buffer enough so that it's not an emergency at all.
- Melatonic 4y agoI prefer a layered approach - some investments take longer than others to cash out. And some are in between but still provide some return. A ton of cash on hand is probably a bad idea
- moffkalast 4y agohttps://www.reddit.com/r/dataisbeautiful/comments/tou7v2/oc_warren_buffetts_2022_portfolio_update_at/ https://www.reddit.com/r/dataisbeautiful/comments/tou7v2/oc_... Even Warren Buffet always keeps at least something like a fifth of his investments in cash. Otherwise how the hell are you going to buy low?
- Melatonic 4y agoI would imagine though that he is also very often selling / buying so that hes not just sitting on a pile of cash for months at a time?
- moffkalast 4y agoSee reverse repos.
- petronio 4y agoShould be noted that a significant portion of Berkshire Hathaway's usual cash pile is not for deal making, but as a backstop for their large insurance portfolio.