"Why don't they buy Tesla? Why don't they buy Disney? Why don't they attempt to reinvent home construction which is a stagnant for the most part?" I think it's

"Why don't they buy Tesla? Why don't they buy Disney? Why don't they attempt to reinvent home construction which is a stagnant for the most part?" I think it's worth considering that prices for assets just might be a little high right now. I have no idea what Apple is doing and don't have any specific insights but I have, in the past few years, found myself passing on certain growth and investment opportunities because I felt the prices were quite high relative to what I think the prices could be in the next 3-5 years. Why buy Disney now when you can buy two of them a few years from now ? On the flip side, I think there is some political risk for Apple here in sitting on too large of a cash horde ... there is a point when the amount of money becomes too big to ignore, politically. Consider that a 1% taking of some form amounts to almost $3B. At some point someone will figure out how to structure such a taking ...