==== 2024-05-28 ==== Notes from https://www.barrons.com/amp/articles/treasury-bills-cash-warren-buffett-849dee04 * T-bills outstanding: $6 trillion * Noncompetitive bids at Treasury auctions is a good proxy for individual demand * Average noncompetitive bid for T-bill auctions in the past year: $15 billion * 52-week bill is auctioned every month * Buffett favors three-month and six-month T-bills. * T-bills have reinvestment risk Notes from https://www.washingtonpost.com/world/2024/05/24/russia-jamming-us-weapons-ukraine/ * Excalibur GPS-guided artillery shells * the High Mobility Artillery Rocket System, or HIMARS