Helios Capital’s Samir Arora explains the ‘difficulty of sitting on cash…’

Ace investor Samir Arora highlighted the opportunity cost of holding cash during a market upswing, suggesting significant losses from inaction in recent years.

Livemint
Updated21 Sep 2024, 03:01 PM IST
Trade Now
File image of Samir Arora, the founder and fund manager of Helios Capital.
File image of Samir Arora, the founder and fund manager of Helios Capital.
Also Read | Clues to the future of AI? Deutsche Bank lists THESE five themes to watch

A Littlle Humour

He added that the second problem with sitting on part cash is — “What do you pray for every morning”.

“Second problem with sitting on part cash: What do you pray every morning? That markets go down because you have some cash or that the markets go up because you have major investments in the market? Can get very confusing for both you and God,” he quipped.

Arora added a note at the end, disclosing that Helios Capital's global fund is invested in Berkshire A and B shares.

Also Read | US SEC criticises Elon Musk for missing trial to attend SpaceX rocket launch

Warren Buffett’s cash holding nears $280 billion

Buffett's Berkshire Hathaway, sold nearly half its stake in tech giant Apple, offloading nearly 50 per cent of the shares, leading to a rise in his cash holdings to almost $280 billion, as per reports in August 2024.

Selling off a big chunk of Apple shares was a significant move for Buffett, who used to call Apple the pillar of Berkshire's business. Along with Apple, the company also sold BYD and Bank of America shares in the same quarter, as per an AP report.

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:21 Sep 2024, 03:01 PM IST
Business NewsMarketsStock MarketsHelios Capital’s Samir Arora explains the ‘difficulty of sitting on cash…’

Most Active Stocks

Tata Steel share price

155.25
03:58 PM | 16 OCT 2024
-0.4 (-0.26%)

Tata Power share price

460.35
03:58 PM | 16 OCT 2024
-3.15 (-0.68%)

Bharat Petroleum Corporation share price

350.85
03:57 PM | 16 OCT 2024
1.65 (0.47%)

Bharat Electronics share price

285.65
03:49 PM | 16 OCT 2024
-3.15 (-1.09%)
More Active Stocks

Market Snapshot

  • Top Gainers
  • Top Losers
  • 52 Week High

Coforge share price

7,120.75
10:51 AM | 7 OCT 2024
-2.4 (-0.03%)

Vijaya Diagnostic Centre share price

984.80
10:51 AM | 7 OCT 2024
-4.15 (-0.42%)

Dr. Lal Pathlabs share price

3,408.00
10:50 AM | 7 OCT 2024
-86.25 (-2.47%)
More from 52 Week High

Bombay Burmah Trading Corporation share price

2,519.95
10:51 AM | 7 OCT 2024
-245.3 (-8.87%)

Jubilant Ingrevia share price

728.55
10:51 AM | 7 OCT 2024
-65.7 (-8.27%)

Triveni Engineering & Indus share price

426.65
10:51 AM | 7 OCT 2024
-35.75 (-7.73%)

Vodafone Idea share price

9.08
10:51 AM | 7 OCT 2024
-0.72 (-7.35%)
More from Top Losers

Astrazeneca Pharma India share price

7,832.35
10:51 AM | 7 OCT 2024
399.85 (5.38%)

Finolex Industries share price

280.85
10:51 AM | 7 OCT 2024
9.2 (3.39%)

Macrotech Developers share price

1,206.20
10:51 AM | 7 OCT 2024
34.35 (2.93%)

JK Lakshmi Cement share price

797.60
10:51 AM | 7 OCT 2024
17.2 (2.2%)
More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      77,405.000.00
      Chennai
      77,411.000.00
      Delhi
      77,563.000.00
      Kolkata
      77,415.000.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.86/L0.00
      Chennai
      100.75/L0.00
      Kolkata
      104.95/L0.00
      New Delhi
      94.72/L0.00

      Popular in Markets

        HomeMarketsPremiumInstant LoanMint Shorts