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Who Needs Liquidity Most?

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Photo Credit: Timothy Appnel-==-=-=-Here’s the quick summary of what I will say: People and companies need liquidity.  Anything where payments need to be made needs liquidity.  Secondary markets will develop their own liquidity if it is needed.Recently, I was at an annual meeting of a private company that I own shares in.  Toward the end of the meeting, one fellow who was kind of new to the firm asked what … Read entire story.

Source: The Aleph Blog

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