PeakOiler

Cash Is Not Yet King When it Comes to Market Performance

Some of you commenters can't read, it seems. One of the comparisons is a two month, not one month comparison; and the other is a YTD comparison. Before criticizing, suggest you get your facts straight.

The point is valid: cash rich iconic companies have simply not outpaced the S&P500 in the 2008 bear market in any meaningful sense, nor during the trading range phase since November 2008. Something to do with babies and bathwater, it seems.