This lifestyle paid off when the husband recently lost his job; since they had so
much cash stockpiled and paid down so much of their debt they were able to live off one part - time teacher's salary as well as investment income.
Not exact matches
The question remains — how
much longer will investors»
cash stockpiles continue to prompt quick buying on dips?
One especially impressive feature about these managers is how
much they seem to learn from the businesses in which they invest: Fairholme's strategy of
stockpiling cash (20 % of assets on average) to seize opportunity is straight out of the playbook of some of their favorite businessmen.
Unless a manufacturer makes a significant loss or is
stockpiling so
much cash that it will effect the products somewhere down the line, there's not
much to be gleaned from a balance... Read more