The superrich are selling stocks, buying properties and keeping cash ready

The superrich blueprint to navigating this hairy stock market: Tap the brakes and get ready to pounce when it all goes to hell.In the first quarter, Tiger 21, a coalition of 750 members worth in excess of $75 billion, raised cash to levels not seen since 2013. Not much changed in the second quarter in terms of keeping powder dry. The group’s holding 12% in cash.

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