QuoteOriginally posted by: daveangelQuoteOriginally posted by: dweebQuoteOriginally posted by: bearish...... Physical cash is just not considered an investable asset for most investment managers, although over time that will most likely change if rates stay negative.Physical cash is considered an investable asset by fundamental value investors, as it provides the ability to move quickly on potential deals, eg; Warren Buffett.surely that idea must have been debunked by now. you can always sell one asset to buy another.Indeed! It's hard to imagine someone transporting $1 billion to the headquarters of a takeover target.In the US, they tend to arrest anyone with more than about ten thousand dollars on them and keep the money unless the person can prove where they got it.