“I don’t mind at all, under current conditions, building the cash position. I think when I look at the alternative of what’s available in the equity markets, and I look at the composition of what’s going on in the world, we find it quite attractive.”
–Warren Buffett, Berkshire Hathaway Annual Meeting, May 4th, 2024
This week I parked large sums of money in 13 Week Treasury Bills and a small amount in 1 Month Treasury Bills. The 13 Week T-Bills yield 5.4% and the 1 Month T-bills yield 5.37%. T-bills are the safest investments in the world and meet my objectives during this time. T-bill and chill, baby!
With Love,
P. Gustav Mueller, author of The Present