

Weekly Thoughts: Cash Money
Here is something that caught our eye this week: Cash Money Since the Chenmark team grew up in the world of “traditional” finance, we were trained to think that when deploying capital, one should ardently avoid cash balances. In the liquid asset management industry, investors are acutely aware of the weight of a cash drag on their returns based on the belief that cash is inherently not a good investment, as explained by Betterment, a leading online investment advisor: “After taxes, inflation, and its current expected return (zero), you are actually losing money when you hold cash in your investment