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Entreprenures Forum of Greater Philadelphia | Conntect. Learn. Grow.

Cash Management is King

10/26/2021 8:42 AM | Anonymous member (Administrator)

By Marc Pelletier and Jason Rose

“Cash is King” is a phrase coined in the late 1980’s by the CEO of the Swedish car manufacturer, Volvo. In response to the global stock market crash, the expression referred to the superiority of cash compared to other asset classes such as stocks or real estate during an economic crisis. 

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