The tweet was deleted by the author.
But we saved everything 🙂.
Frank Giustra warns that holding some cash is essential for any investment portfolio.
He cautions against fully investing during what he identifies as one of the largest market bubbles, suggesting that such an approach could lead to trouble for investors.
Giustra has previously highlighted the rising strategic importance of high-grade iron ore as a global resource. He has also advocated an all-in investment approach to an undervalued iron ore mining company. These positions contrast with his current warning on portfolio cash holdings during perceived market bubbles.