> It's easier to stockpile billions of dollars when you have no idea what to do with it. You are missing the point entirely. A company only stockpiles money if

> It's easier to stockpile billions of dollars when you have no idea what to do with it. You are missing the point entirely. A company only stockpiles money if it evaluates all other options, including paying dividends to shareholders, and still decides their best course of action is to not spend it. This is not a decision made passively or by forgetting to make a decision.