“I have a lot of cash on one hand, and then I'm taking risks with the stocks that I own on the other.”

The Psychology of Money with Morgan Housel · Mark Twain on Relative Wealth

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What was described

maintain a large cash reserve while taking risk with the stocks they own, avoiding super-risky options

Said nearby on the same subject

“Take the cash and take as little as you possibly need so that you can maintain the control.”
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Scott Tannen
How I Built This with Guy Raz ·
Contrarian take Share this moment
“We're getting 150 basis points above the cash rate… taking no risk and having complete liquidity.”
♫
Said on The Rules of Investing
Pricing 150 bps above cash rate Share this moment
“I measure that in the data through the co-movement between bonds and stocks… pre-2000 Treasury bonds were actually quite stock-like… post-2000 they were safe… now risk has gone up again.”
CP
Carolin Pflueger and co-authors
Odd Lots ·
Data play Share this moment
“Donating appreciated stock… you avoid paying capital gains tax… still get to deduct the full fair market value”
AK
Amanda Kish
Motley Fool Hidden Gems Investing ·
How they work Share this moment

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