Seeking Alpha article on corporate cash investment interest rates.
The author demonstrates his total lack of knowledge about corporate cash investments, especially small companies that don't have $10 to $40 billion of cash like large tech firms, AAPL, MSFT, and INTC to name a few. The three underlying objectives of corporate cash investing are SAFETY, LIQUIDITY and investment return, in that order of priority. Most cash managers went back to school on those basic principles over the past 2+ years. The first two objectives were not even mentioned by the author.
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