3 ms·
You're right, but that doesn't seem to be GP's core point.
by lvh 7y ago
You're right, but that doesn't seem to be GP's core point.
- seanmcdirmid 7y agoOne is a lot more defensible than the other. Having $100B cash on hand would just be stupid. Having invested $100B could be seen as more like an endowment if they produce income.