[klank]

> any quarter could decide to payout investors through share buyback etc.

Your etc. is layoffs. In this example, the "free-cash-flow" is people's salaries. I'm not personally comfortable with it being considered such a liquid asset.

[vineyardmike]

> Your etc. is layoffs. In this example, the "free-cash-flow" is people's salaries. I'm not personally comfortable with it being considered such a liquid asset.

It’s almost certainly, in the case of Amazon, data centers and fulfillment centers and trucks and planes and heavy equipment.

Unfortunately, you are probably viewed as a liquid asset by your management.

[bluefirebrand]

> Unfortunately, you are probably viewed as a liquid asset by your management.

What a rotten world we live in