Why You Shouldn't Keep a Cash Position in an Inflationary Environment

i'm reading this book m called the psychology of money, by morgan hausell. And one of the arguments that he brings up is, if you're the kind of person who gets into this situation where the market is down, and you have a propensity to maybe sell, having a substantial cash position could be the best financial move you ever make. I didn't have any options prior to last november, i just had 100 % stock. That week was the worst sales week for my businessi my passive income and my business that i've had in years. So there was some comfort in that diversification, not only from a business standpoint, but from, you know