Saturday, February 5, 2011

Warren Buffett: Cash Is No Good

"Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value."

Warren Buffett
Posted by Chris Beanie at 11:41 AM
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1 comment:

  1. AnonymousFebruary 6, 2011 at 5:43 PM

    I'll take his cash if he thinks it's worthless and doesn't want it! LOL

    ReplyDelete

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