CASH (CASH)
Aug 16, 2026, 12:00 amThis summary was created by AI, based on 6 opinions in the last 12 months.
The experts discuss the current market conditions and the strategic importance of maintaining a cash position. With the potential for a recession and a market drawdown, some suggest increasing cash reserves, while others maintain a relatively low cash position, emphasizing the importance of breadth in the market. Cash is viewed as a double-edged sword—while it may seem unproductive to hold in inflationary times, it provides flexibility to invest when market conditions improve. The 'Bear-o-meter' is highlighted as a valuable tool for assessing risk, indicating that the market currently reflects a high-risk environment. Experts suggest a cautious approach and a focus on fundamentally sound investments as they navigate through the current market turbulence.
(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%.