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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Mr.Gogo who wrote (52623)10/28/2013 12:58:41 PM
From: Jurgis Bekepuris1 Recommendation

Recommended By
Spekulatius

  Respond to of 78787
 
"I never regreted when I've been in cash"
Never made any money in cash either.



To: Mr.Gogo who wrote (52623)10/28/2013 11:11:06 PM
From: Spekulatius  Respond to of 78787
 
>>Charlie Munger said "I never regreted when I've been in cash"...<<

I did regret it quite a few times - after the market went up. That said, i try keep my cash level at around 20% in order to be able to pounce on opportunities as they come up. Currently i am at ~15%.