3 ms·

Only a moron would hold $50b in cash, and certainly not one who understands finance. There are no Scrooge McDuck cash vaults.

• smallmancontrov 5mo ago
  Which is why the term "cash," to those in finance or familiar with its lingo, is understood to actually mean "short term treasuries" and other things you would find backing a money market account, unless the context very specifically calls for distinguishing those two things.
  • WalterBright 5mo ago
    "actual liquid cash"
    • stymaar 5mo ago
      If you can buy a $44B company on a whim, then what you hold is indistinguishable from cash.
      • WalterBright 5mo ago
        Not true at all. You can borrow against stocks easily.
        • stymaar 5mo ago
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              • WalterBright 4mo ago
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