Blog
Cash Is Certainly Not Trash
The general belief is that holding cash in one’s portfolio is a waste as it earns nothing these days. We disagree with this, and we disagree strongly. If we are unable to find enough securities to be 100% invested, we will hold cash. Typically we hold cash equivalents whereby we own securities with little downside and some upside. Holding cash allows us to move quickly when we see opportunities...
Media Investments
The Wall St. Journal has an interesting article today discussing the net losses of cable subscribers in the third quarter...