OT - Cash Management During Crashes

I’m sure some are familiar with Morgan Housel and this article, but I think it is very much worth reposting and reviewing in the current climate. As someone who panicked and let emotions squander opportunities in previous crashes in 2000 and 2008, I am committed to treating this drop unemotionally and analytically (plus I have a load of cash from a sale of real estate last Fall). To fully disclose, I added to many of our favorites today (AYX, OKTA, ZM, COUP, TTD, CRWD) and will continue to do so in line with the guidelines in the article.

As Warren Buffett once said, “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble”

Anyway, please no long discussion on cash management, but this is an article well worth a read in the current climate.


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