Comment by JumpCrisscross
2 months ago
> Talk to Mr. Buffet and see what he thinks about this with his mountain of cash
When finance types say "cash," we mean cash and cash equivalents. Berkshire Hatahway doesn't literally hold cash, they hold yield-generating cash equivalents.
> Cash being just transacting might be the most insane thing I’ve read here this year, well done
I strongly recommend a home economics course if this is the case. If you want to go deeper, anything about monetary theory
> I strongly recommend a home economics course if this is the case. If you want to go deeper, anything about monetary theory
I have a degree in Finance so it is not all that necessary but maybe a 2025/26 refresher course will do me good :)