Illiquid, Overvalued
As “dip buyers” get eviscerated, more dominos fall, and at a tipping point, the herd realizes the tide has reversed and it’s time to sell–but alas, it’s too late. Illiquid, Overvalued describes a great many assets that are on the books as “rock-solid investments.” Illiquidity means there are few if any buyers for the asset being offered for […]