Good grief, you know perfectly well I meant liquid assets, c.f. the number you cited for Apple. I'm not talking about factories and capital goods, and you know

Good grief, you know perfectly well I meant liquid assets, c.f. the number you cited for Apple. I'm not talking about factories and capital goods, and you know that. The term as you used it is ambiguous[1], but I engaged in exactly the frame you used on the assumption that you'd interpret it in good faith. This kind of nitpickery isn't winning, it's just deflection. So deflect away. But you know perfectly well that Harvard University isn't 1/4 the size of Apple Computer. [1] c.f. your own qualification when you had to say "(long term) assets"! Needless to say that Apple number you quoted wasn't an accounting of any kind of long term investment. It was cash!