Illiquidity Quotes

#1. Don't short many stocks. Instead they hedge for tail risk with CDS and options. They are happy to incur illiquidity

Seth Klarman

#2. Be sure that you are well compensated for illiquidity - especially illiquidity without control - because it can create particularly high opportunity costs.

Seth Klarman

#3. I've lived through periods of illiquidity before. Asset prices come down. The economy slows or even goes into recession. Then the cycle re-starts. We buy at lower prices with less leverage.

Stephen A. Schwarzman

#4. A guilty system recognizes no innocents.

Iain M. Banks

#5. Over the years, they'd become accomplished at avoiding unpleasant topics. Their burdened demeanors spoke volumes through the silence.

Glenn B Miller

#6. You train, you fight, you show respect at the end of it.

Daniel Cormier

#7. Upon occasion, we misunderstand ourselves, or we lose faith. Whichever the case, we say things we think are true, only to find they are not.

Lisa Valdez

#8. Scientific research involves going beyond the well-trodden and well-tested ideas and theories that form the core of scientific knowledge. During the time scientists are working things out, some results will be right, and others will be wrong. Over time, the right results will emerge.

Lisa Randall

#9. Sometimes what we think we need isn't what we need at all, and what gets thrown in for good measure is that which fills our hearts.

Philip Gulley

#10. Our cares are the mothers, not only of our charities And virtues, but of our best joys and most cheering and enduring pleasures.

William Gilmore Simms

#11. Scripture is a guide for conduct as well as the source of doctrine. Seven times in the book of Revelation we read this phrase: "He who has an ear, let him hear" (2:7, 11, 17, 29; 3:6, 13, 22). What we read in this book should govern our conduct.

David Jeremiah

#12. This is why the Holy Koran forbids sharab. Because it always falls on the sober to pay for the sins of the drunk. So it does.

Khaled Hosseini

#13. It is not the object described that matters, but the light that falls on it.

Boris Pasternak