Re:How to invest without knowing the future
by RickJWagner on Saturday November 13, 2021 @10:27AM
(#29210386)
Billionaires with most of their money in cash?
I don't know of any.
I do know of a lot of retired people, or people with low-wage jobs. That's who gets hurt by inflation.
edit: Warren Buffet's wealth is in stock. Berkshire Hathaway holds the cash, for opportunity investing. (Just in case that's the billionaire you're thinking of.)
I don't know of any.
I do know of a lot of retired people, or people with low-wage jobs. That's who gets hurt by inflation.
edit: Warren Buffet's wealth is in stock. Berkshire Hathaway holds the cash, for opportunity investing. (Just in case that's the billionaire you're thinking of.)