TIGER 21 FOUNDER DISCUSSES THE VALUE OF CASH ON CNBC.COM
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At the 2020 TIGER 21 Annual Conference, TIGER 21 Founder and Chairman Michael Sonnenfeldt addresses why Members are sitting on piles of cash despite Bridgewater Associates Founder Ray Dalio calling it “trash.”
The following topics were covered:
- TIGER 21 Members have a 12% allocation to cash
- Use of cash to protect against an economic downturn
- The opportunity to leverage cash to buy into attractive opportunities
- The qualifications to become a TIGER 21 Member
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