"Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value"

This quote by Warren Buffett is an alerting to those who are holding cash money equivalents, such as cash market funds, deposit slips, and also treasury expenses. He is warning that these possessions are not a great long-lasting investment, as they pay practically absolutely nothing as well as are most likely to drop in worth over time. Buffett is suggesting that people should try to find other investments that offer a much better return on their cash. He is also recommending that people should diversify their financial investments, to make sure that they are not entirely relying on cash matchings. By diversifying, individuals can lower their danger and boost their capacity for long-lasting growth. Eventually, Buffett is advising individuals to be aware of the risks connected with holding cash matchings and also to take into consideration various other financial investments that may offer a better return.