Brolin: Wall Street average net cash is around two percent
John Brolin · Jonathan Brolin – Edenbrook Capital (Manager Meetings, EP.14) · Oct 7, 2021 · at 1:03:15
Edenbrook Capital founder John Brolin counters the narrative that institutional investors have large amounts of dry powder ready to deploy.
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“But I think the average net cash position across all of Wall Street right now is about two percent. So there's not exactly a lot of dry powder.”
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