Larry, I have been reading your free content and recently subscribed to your premium content. I am reading your December letter and you talk about reducing your positions to increase your cash level relative to your net worth.
I am curious if you could expand on that analysis of target ranges for cash relative to your net worth.
Larry, I have been reading your free content and recently subscribed to your premium content. I am reading your December letter and you talk about reducing your positions to increase your cash level relative to your net worth.
I am curious if you could expand on that analysis of target ranges for cash relative to your net worth.