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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

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Certain
Shouldn
Equivalents
Today
Value
Depreciate
Nothing
Pay
Opted
Feel
Comfortable
Asset
Feels
Terrible
Virtually
Long
Hold
Pays
People
Term
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Cash

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The plan itself is opportunism. There is no plan before that.
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