wu fan|Sep 20, 2026 21:39
Now it's no longer about A8 or A9,
it's about C8 and C9.
C stands for cash.
Don't talk about assets—
when it matters most, if you can't pull out cash,
assets are just paper tigers, wealth on paper.
Buffett is at C13.3, unit in USD,
higher than the usual balance of the U.S. Treasury's general account.
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