According To Experts -- November 15, 2023

Locator: 46059INV. 

For traders, maybe investors, according to experts -- the best time for money managers to start getting out of cash is two months before "the Fed pauses." 

If that's accurate, traders should have started getting out of cash two months ago -- LOL. Investors still have a bit of time, though if investors weren't fully invested one week ago (I'm talking to Warren Buffett and his horde of cash, earning what -- maybe 5%?), those investors certainly missed a huge two-day surge. Shoot, just putting that $150 billion into TGT a week ago would have earned Buffett 17% (about $25 billion) overnight.

Tech companies like Apple need a huge hoard of cash, or second best, access to a huge hoard of cash. If you know, you know.

Mutual funds, hedge funds, investment companies have no excuse for holding large hoards of cash. There, I've said it.

And I know I'm correct.

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Reverential

That's the word that flashed across in front of my eyes when this song came up in rotation.

I grew up on the Missouri, but never paid much attention to it. I never knew how lucky I was.

And then over the years, the Mississippi River crossed my mind many times, but I don't ever recall much about the Mississippi but I obviously came in contact with it a few times during the years. 

But now that we have a granddaughter at Vanderbilt, we have cross the Mississippi River numerous times on our cross-country trips to visit her. Each time we cross the river, it seems more magical, more sublime.

When Arianna graduates and moves on, it's very possible we will never cross the Mississippi into Tennessee again. Memories will be bittersweet.

Every time I hear this song, I will think of Arianna, Nashville, yesterday and the river. One wonders about Mark Twain and Ulysses S Grant.