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A comment on World's richest 500 see their wealth increase by $1T this year. Parent comment

Re:World's richest 500 see their wealth increase by $1T this... by jonknee on Wednesday December 27, 2017 @12:50PM (#16016467)
> Inflation depreciates the value of your liquidity, which is why every major company (except apple, it seems) dumps as much currency as possible into appreciable and tax deductible assets.

When you read stories that Apple (or whoever) has $X billion "in cash" it's not actual cash. They keep some around in money markets and the like for near term expenses, but the majority is in bonds that pay more than inflation. In fact, if Apple were classified as a bond fund they would be the largest in the world:

https://www.bloomberg.com/news/articles/2017-05-04/apple-buy...

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Re:World's richest 500 see their wealth increase by $1T this... by viridian on Thursday December 28, 2017 @08:21AM (#16021835)
That makes sense. Morningstar groups all near term liquidity together, and so I figured Apple had to be constantly expanding aggressively or something and needed a warchest 7x the size of microsoft's to do it. Sitting on bonds as amid-near term solution makes more sense.
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