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Buffett once called this investment a ‘terrible long-term asset’ — but he’s holding $348 billion of it today
Yahoo Finance· 2025-10-04 00:17
While Buffett is holding a massive cash pile , his warning about its drawbacks remains relevant. Inflation continues to chip away at the purchasing power of your hard-earned money. Putting your money to work not only helps you grow your wealth but also shields it from inflation’s long-term erosive effects.Buffett has also voiced concerns about future complexities, noting, “As the world gets more sophisticated, complicated and intertwined, more can go wrong.” He added that the company aims to be prepared to ...
Billionaire Peter Mallouk’s Investing Tips: Avoid This, Buy That, Ask This
Yahoo Finance· 2025-09-28 22:28
Peter Mallouk, president and CEO of Creative Planning, as well as author of the “The Path: Accelerating Your Journey to Financial Freedom,” sat down on the podcast “Money Rehab with Nicole Lapin” to share some crucial tips for investing. While most people have to go to business school to learn all the tricks of the trade for investing, Mallouk shared his years of wisdom and insights in less than an hour. Explore More: How To Start Investing With Less Than $1,000 Check Out: 7 Tax Loopholes the Rich Use To P ...