Market Wrap - Stock Pick — cash
--:--
Ian Cruickshanks from SAIIR tells us why he chooses cash as his stock pick of the day
"Here's some stats to do to confirm there has been the right place to be not indefinitely we're accumulating capital over time and there's no doubt the time will come when value is outstanding it's not outstanding with an economy that may not be great at or maybe great at a half percent that's not an outstanding environment but that will change and as and when that change comes along we're going to go in with a rush with the accumulated capital that we've got"
"Here's some stats to do to confirm there has been the right place to be not indefinitely we're accumulating capital over time and there's no doubt the time will come when value is outstanding it's not outstanding with an economy that may not be great at or maybe great at a half percent that's not an outstanding environment but that will change and as and when that change comes along we're going to go in with a rush with the accumulated capital that we've got"
