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Cash itself is an asset class.

posted Nov 7, 2019, 3:18 AM by Harshul Vohra
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Cash as an Optionality is one of the best learning from Mr.Buffett.
An Investor's Asset Allocation decisions are not simply between earning less in cash and earning more in bonds or stocks.
The key question here becomes: "How much can the cash earn if I have it when I need it to buy other assets that are cheap, versus the upfront cost of holding it? 😇

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