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Does he really hold cash? Or does he hold TIPS for example, and people colloquially refer to it as "cash"? I assumed it's the latter since it makes much more se
by integralid 10mo ago
Does he really hold cash? Or does he hold TIPS for example, and people colloquially refer to it as "cash"? I assumed it's the latter since it makes much more sense.
- JumpCrisscross 10mo ago> Does he really hold cash? No. Berkshire Hathaway isn't a squirrel. > people colloquially refer to it as "cash"? Cash and cash equivlants are referred to in finance as cash, since they are–for all practical purposes–equal to it. Except yield generating. Which, if you're not an idiot, is how you hold cash.