Why We Don’t Believe in Cash Calls—And What That Means for Investors

As major institutions raise cash, we explain why Craving Alpha stays invested—and why equity exposure is about allocation, not timing.

In times of uncertainty, the most common refuge for large investors seems to be cash. Over the past few months, several marquee mutual funds have significantly increased their cash holdings—anticipating a correction, managing redemption risk, or simply unsure of where to allocate.

At Craving Alpha, we’ve always taken a different path.

We don’t believe in …