CASH (CASH)
Sep 5, 2026, 12:00 amThis summary was created by AI, based on 5 opinions in the last 12 months.
Experts express a cautious approach towards maintaining cash positions in light of market conditions and potential recessions. One expert emphasizes the necessity of raising cash when market breadth deteriorates, suggesting a strategy of holding 5-7% cash to provide flexibility. Another expert notes the importance of cash as a way to navigate uncertain markets, particularly when buying into a falling market may not be prudent. There's a consensus that markets experience cycles, with historical patterns indicating that breadth deterioration precedes bear markets. Overall, cash is seen as a strategic tool that allows for better positioning when opportunities arise or in case markets take a downturn.
(A Top Pick Aug 17/12.) In the summer, he was only 15% cash but is now at about 30% cash.
Keith Richards(A Top Pick Aug 15/12.) Currently he is almost 100% in cash but plans to be fully invested before the end of October.
Don Vialoux
(A Top Pick Sept28/11.) At that time he had 53% in cash and this is now down to about 36%. He had felt that Europe was going to blow up. He is still skeptical that Europe will ultimately work but he is not looking at an imminent explosion, but a series of disappointments.
John Stephenson
Going from 16-35%. Short term Bearish followed by short term bullish in the winter. Mid to late October he will be looking to buy.
Keith RichardsIn his current portfolio he has 66% in cash or cash equivalents. You only want to be in sectors that have strong seasonality in the summertime such as gold and energy.
Don Vialoux(A Top Pick Aug 18/11.) Cash right now represents flexibility. We are in a very range bound market and are 3.5 years off lows of 2009. We are in a cyclical market and it doesn’t pay to press hard in the 4th year of a cyclical rally. There is risk in the fall and it pays to have some flexibility and cash does that.
David Burrows
Vikash Jain, CFA
Jeff Young
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(A Top Pick Sept 28/11.) Reduced his cash holdings from 53% to about 9%.