Cash: Safe in the Short-Term, Dangerous in the Long Term
Contending with inflation, loss aversion, market volatility, and temporal bias.
Published in
7 min readFeb 15, 2022
The question of how much cash to hold has plagued investors since time immemorial. CNBC’s Jim Cramer recently estimated that $3–4 trillion in cash is waiting for an opportunity to enter the markets,
