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Dry Powder: Where to Park Your Cash
Many Happy Returns
Why You Shouldn't Hold Cash Positions
Jerome Powell launched the fair hedge fund, which started buying up junk bonds. Why didn't Jerome Powell give you a heads up? Your buddy, your thinking owes you one by now. I think beyond 10 years is when you really don't want any cash at all or any kind of cash like insurance. Because some people, even for their long term portfolios, are holding a bit of cash in there just as like a way to reduce volatility and whatever it might be. Can do, but personally, I wouldn't. I just think he doesn't really have a place there. Not at the broad market level, probably. Well, maybe in the COVID downturn, right? Yeah,
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