I Went to 100% Cash Before the Missiles Flew

Why I Sold Everything on February 27

By Bill Cara

On February 27, hours before the United States attacked Iran, I sold 100% of my portfolio.

This was not a reaction to headlines. It was the logical conclusion of a process that had been unfolding for months.

• Early January: ~25% cash

• Early February: ~50% cash

• February 27: 100% cash

By the time the missiles flew, the decision had already been made.

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