3 ms·

It’s not sitting under a mattress. It’s surely invested in something productive.

• anbotero 6y ago
  I think in this particular case, it’s cash, or at least the promise from a bank or fund or whatever the hell it is, that they can count on that money in cash whenever they one.
  • Consultant32452 6y ago
    When they say "cash" they almost certainly mean CCE (Cash and Cash Equivalents), which is being put to productive use by third parties in exchange for nominal interest income. https://www.investopedia.com/terms/c/cashandcashequivalents.asp https://www.investopedia.com/terms/c/cashandcashequivalents....
  • zepto 6y ago
    No - it’s the worlds largest hedge fund: https://en.m.wikipedia.org/wiki/Braeburn_Capital https://en.m.wikipedia.org/wiki/Braeburn_Capital