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by WalterBright 9 days ago
Only a moron would hold $50b in cash, and certainly not one who understands finance.

There are no Scrooge McDuck cash vaults.

1 comments

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.
"actual liquid cash"
If you can buy a $44B company on a whim, then what you hold is indistinguishable from cash.
Not true at all. You can borrow against stocks easily.
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