Because a tech company or a burrito business should not be investing their capital. They should run their business and use the money for that. If they have extra they can pay out a dividend and their shareholders can invest in whatever they want.
Why doesn't Apple put their cash reserves in VTSAX? It is expected to go up and beat inflation right?
Why doesn't Apple put their cash reserves in VTSAX? It is expected to go up and beat inflation right?
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