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Or moreover it shows that money isn't necessarily the limiting factor in success that many perceive it to be.
by Zhyl 9y ago
Or moreover it shows that money isn't necessarily the limiting factor in success that many perceive it to be.
- maxxxxx 9y agoThat's what I am thinking when people talk about tax cuts. Apple or Google don't need more money. They already have more than they can invest productively.
- ISL 9y agoThat's an explanation -- another is that Apple and Google believe that future uses of the resources could yield greater aggregate return (or serve as a bulwark against a downturn). "Cash is a call option with no expiration date" https://www.investopedia.com/articles/investing/042613/cash-call-option-no-expiration-date.asp https://www.investopedia.com/articles/investing/042613/cash-...