“People will pay more for something which is liquid, even though the cash flows on those two treasury bills are exactly the same.”
AE
Alex Edmans
The Rational Reminder Podcast ·
“I’m going to discount 20, I’m going to have 20% in highly liquid cash or treasuries…so that if the smartest people are wrong…I still have that amount of flexibility”
How I Invest with David Weisburd · E444: President of NEPC on Picking Fund Managers, Venture Capital, and AI Risk
Play from 46:09
46:09
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What was described
Hold 20% of assets in highly liquid cash, treasuries, or short-term securities as a liquidity buffer
20% of portfolio
Said nearby on the same subject
“We're getting 150 basis points above the cash rate… taking no risk and having complete liquidity.”
♫
Said on The Rules of Investing
“Our global liquidity cycle this is shown as an index um it's basically an index of the underlying momentum of global liquidity so this is the underlying growth rate and you can see that it moves in four in five to six year spans or cycles”
♫
Said on Bankless
“The YAM assets, assuming you are putting in 20% cash as the deposit, ours pay for itself at an 80% LVR. That's our guarantee to our clients.”
JH
Jack Henderson
Asset Rich with Jack Henderson ·
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