The ultrawealthy are getting ultrabullish on markets.
A survey from the Institute for Private Investors shows that a majority of families worth $30 million or more are focused on growth rather than preserving capital. That's up from last year's rate of 47 percent. The number of families focused on protecting their wealth fell to 36 percent from 43 percent.
They're also putting less into cash: 42 percent of respondents said they plan to decrease cash allocations in 2013.