In an interview with the Orange County Register, Mohamed El-Erian was asked about everything from life after Pimco to where he is currently putting most of his money. Rather than putting most his money in stocks or bonds, El-Erian reveals that most of it is actually sitting in cash. And the reason is simple: pretty much everything else has gotten too elevated.
via The Simple Reason Mohamed El-Erian Has Most of His Money in Cash – Yahoo Finance.