March 2, 2012
"Apple also stands out because the company has accumulated an enormous cash hoard — now nearly $100 billion. Jobs believed that the cash was a financial anchor for an innovative company that took risks in a highly competitive, dynamic industry. … What’s true for Apple is true for the household: Savings is an anchor that allows for experimentation, risk-taking and innovation."

— Chris Farrell: A personal finance lesson from Apple

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(Notes: 2)
  
Filed under: chris farrell marketplace money apple steve jobs 
December 5, 2011
Tilt To Safety I keep reading that the lesson of the past few years is to throw out the old rules of investing. I don’t buy it. My reaction is the exact opposite. The old rules of investing were hammered out over previous bear markets, such as the Great Depression of the 1930s and the Great Stagnation of the 1970s. They still work.  - Chris Farrell, Marketplace

Tilt To Safety

I keep reading that the lesson of the past few years is to throw out the old rules of investing. I don’t buy it. My reaction is the exact opposite. The old rules of investing were hammered out over previous bear markets, such as the Great Depression of the 1930s and the Great Stagnation of the 1970s. They still work. 

- Chris Farrell, Marketplace

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Filed under: chris farrell marketplace money