Haven't people been saying this for years though? Can't time the market but that doesn't stop people from trying.
It might not be a bad idea to hold cash 10 years into a bull market.https://twitter.com/garrytan/status/1137374665284866048 …
-
-
-
I don’t think holding cash reserves is the same thing as timing the market.
- 2 more replies
New conversation -
-
-
Although literally the second half of the sentence is that they’re also buying back stock, which is an odd way of hoarding cash and pre-empting the end of a bull market
-
Buybacks are just a tax-advantageous way of returning capital to shareholders.
- 3 more replies
New conversation -
-
-
But companies don't buy dips. They should keep investing in R&D.
-
True but the article perhaps takes too broad a view by mentioning private HNW individuals holding cash and PE dry powder (who do buy dips) alongside cash on corp balance sheets. It doesn’t explicitly conflate them but probably more rigorous to analyze separately
End of conversation
New conversation -
-
-
hold cash or make concentrated bets... two sides of the same discipline coin.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
been telling myself that for 3 years now...
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Holding cash is a sign of ignorance If they had any good ideas, they wouldn’t have much cash
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
To be fair everyone’s been calling a market top for 5ish years
- 1 more reply
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.