Ep 364. Q&A: Entertainment, Intrinsic Value, Cyclicals, Dark Stocks, and The Too Hard Pile
Focused Compounding
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Do You Need More Cash in a Portfolio?
People often feel that they can make better decisions if they have some liquidity. The more debt you have, its sort of like the most extreme version of not having sufficient cash. I always say, what you really want is to always be in the best position to position yourself the best for the future going forward.
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