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« Two from Professor Gordon | Main | "A Fiscal Reckoning for Oregon's 'Pay It Forward'" »

August 26, 2014

"Buffett hoards cash, individuals’ holdings hit 14-year low"

I tend to agree: when it comes to investing, I'd probably rather bet on Warren Buffett than the general public. His track record is loads better.

Individual investors have been cutting back on cash in portfolios, the exact reverse of what Warren Buffett has been doing at Berkshire Hathaway.

Who do you think has got it right?

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JKB

I seem to remember Buffett saying once that a good portion of his fortune was attributable to him being more into cash at the start of the 1970s, or late '60s, whenever that bear of a bear market hit.

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