Beware of what Warren Buffett says is ‘always a bad investment’ long term
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When Warren Buffett speaks, the market listens. The Oracle of Omaha has been at it for more than fifty years and has dispensed endless amounts of investment wisdom.
One of the big questions investors have is how much cash to keep as part of a portfolio.
Thankfully, Buffett offers plenty of advice on the matter, providing a solid framework for investors to work with. Let’s examine it.
Warren Buffett’s views on cash
To a business, cash is king. Warren Buffett himself would likely agree.
However, to investors, it doesn’t necessarily hold this noble status. According to The Motley Fool’s Kate O’Brien, “Holding large quantities of cash assets for the long term is generally not advised“.
There is an opportunity…
