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#754 Build An Amazing Life By Owning Boring Businesses w/ Nick Huber

The Pomp Podcast

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How Much Cash Is the Target Based on the Value of the Portfolio?

The wealthy get a lot wealthier. The bottom class gets toasted. A lot of them don't own assets, right? Which is where they'll see the real benefit from. So i want to make sure that people understand it is really important. We we invest where you are young, and we also have bi that are producing some cash flow,. But right now we want to keep about three million liquid. Am a million of thats in, you know, investments that are easily become easily made liquid. And then the rest of it's in a cash reserves It really sucks to keep two million bucks liquid. Cause’s, you know how much your business loses with inflation every year?!

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