RE: Cash is cash "And cash cannot be added unless it is actually made"
No that is not true. Assets are assets and there are many types including Cash. If a company had $1million in shares of another company then that would not be cash. If they sold it then in would be cash, but it would not increase the net tangible assets. (Minus $1 million in securities and plus $1 million cash).
The same goes for Inventory and Receivables. If a company ran with a smaller inventory level then the decrease in inventory would move to Cash. If a company shifted it's Receivable period from 90 days to 60 then 30 days worth of Receivables would move to Cash.
In both cases it had no affect on the net tangible assets.In other words a company could have a period where they made no new money so their assets would not have changed , but the asset allocations within the group most certainly can. That is why some wonder what he meant when he said the cash would increase. Did he mean the tangible assets would increase or did he mean more of the present tangible assets would now be in the form of cash.