Because investing is ultimately the practice of making reasonable tradeoffs between risk and return, having an accurate measure of both is a critical
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Tag: Liquidity
In Defense of Cash
Most investors intuitively recognize the benefit of purchasing distressed assets “on-sale” when markets periodically correct, yet very few actually hold the cash required
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The Case for Gold
As central banks increasingly turn to Negative Interest Rate Policies (NIRP) in an effort to jump start global growth, investors have been quick
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The Liquidity Portfolio
When it comes to breaking from conventional wisdom, legendary investor Warren Buffett tends to hold a rather unorthodox view on the value of
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