My Nightmare

I know a lot of institutions are big fans of illiquid assets, but honestly they are my nightmare.

One quote then the link:

“We have evaluated the common view that investors should be able to harvest a liquidity premium from illiquid investments. Unfortunately it is hard to find evidence of such a premium, which makes the decision to invest in illiquid assets one of the tougher challenges for investors. ”



The ins and outs of investing in illiquid assets


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