Investment Strategy - The industry observes that converting cash to illiquid assets is preferable to holding liquidity, as liquidity can lead to impulsive and potentially detrimental investment decisions [1] - The industry notes a tendency to aim for near-zero cash holdings each quarter, mirroring the strategy that benefits casinos [3] - The industry acknowledges the risk of attempting to time the market, often resulting in financial losses [2] Economic Impact - The industry recognizes that holding cash reserves can lead to a decrease in purchasing power due to inflation, citing a 25% value erosion since 2020 [2] Behavioral Finance - The industry suggests that easy access to funds (liquidity) can encourage poor investment timing, leading to buying high and selling low [2] - The industry implies that the act of exchanging cash for a non-refundable asset (like a casino chip) represents an immediate loss, highlighting the psychological aspect of investment [1]
美國億萬富翁雙胞胎：為什麼你的錢越來越不值錢？【邦妮區塊鏈】
邦妮區塊鏈 Bonnie Blockchain·2025-10-13 12:15