tag:blogger.com,1999:blog-1602023866179666640.post2492678218230114851..comments2024-03-22T00:30:54.666+08:00Comments on Create Wealth Through Long-Term Investing and Short-Term Trading: Why Warren Buffett doesn't practice what he preaches on index investingCreatewealth8888http://www.blogger.com/profile/08563834016250153049noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1602023866179666640.post-11131657124391323212019-05-06T11:03:52.169+08:002019-05-06T11:03:52.169+08:00Berkshire current market cap is $537B. Hence its c...Berkshire current market cap is $537B. Hence its cash of $114B is about 21%.<br /><br />A 21% portfolio allocation to cash is OK as the other 79% are heavily into private equity (wholly owned companies and/or in conjunction with other venture capitalists) and public companies.<br /><br />At individual level, I think many are much more than 21% in cash & equivalents! LOL!!Spurhttps://www.blogger.com/profile/11824813457786462446noreply@blogger.com