I enjoy reading an listening to this man. He knows what he is talking about. Warren Buffet has had tremendous success in life and in what he does. His thoughts here on cash are very interesting. I am not sure I necessarily agree with him. However, there is something to be said for having something that produces cash for you--instead of just having cash that lays dormant and produces nothing for you. Sure, when all is said and done you still have the cash, but no more and no more than what you had before. Considering the time period inf act the purchase power may have decreased, in effect meaning you lost money. Invest in yourself, this is what I believe in. Invest in your skills, in your ability to continue to earn. Just some thoughts I wanted to share. Real estate is my business and I have gotten good at it--it produces cash every time as long as I stick to what I know. You can also read more at my blog at antoniovelardoblog.com where I discuss business and investment matters. http://www.dailymotion.com/video/x2c4869_antonio-velardo-sharing-warren-buffets-thoughts-on-cash_people