Monday, November 21, 2022

Cash is king?

Just noted:  Berkshire Hathaway (Warren Buffet) has piled cash $130,000,000,000 deep and is still piling it on.

In a time where inflation is killing cash value every day, that means cash is a safe but *negative* holding.  It doesn't earn money... it loses money.

Why?  Why is the man who is arguably the smartest investor of all time clinging to cash even when it's losing him money?

1 comment:

Marty said...

Cash don't crash...