“We gave a billion dollars to treasury companies… you’re recycling some of the capital… not 30-50% of the fund invested.”
♫
Said on The Pomp Podcast
“It has $365 billion of cash that's mainly invested in short-term treasuries… the Fed essentially gave Berkshire a billion-dollar raise by raising rates.”
Motley Fool Hidden Gems Investing · Facing Our Investing Fears
Play from 21:27
21:27
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What was described
kept $365 billion of cash invested in short-term Treasury securities
$365 billion cash; $1 billion gain from rate rise
Said nearby on the same subject
“Don't make 30-year investment decisions based on the last 30 minutes of news... develop a kind of deliberate ignorance about short-term noise.”
MY
Michael Yardney
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast ·
“It may also mean buying an investment grade property in an established capital city market, while others are being distracted by the short-term headlines.”
MY
Michael Yardney
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast ·
“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 ·
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