NJ5 said:
Microsoft saves money for rainy days. I think I remember reading something saying that Bill Gates's objective was to always have a cash reserve big enough to operate for two years without selling a single product. I don't know if they're at that level now, but they do have a huge cash reserve which allows them to survive long after most companies would. I think Nintendo is also quite conservative with their finances.
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Well, not no buisnesses... that was an overstatement.
More like most... I mean Sony is one of those "run and gun" type companys.
Personally i perfer the cash reserve strategy. Few investors and buisness people do though.
It's one of the reasons i like Warren Buffet so much. "Don't think of it as lost money, but as paying for the chance to be flexible enough to jump on a great oppurtunity."