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What is the One Lesson You Would Teach the Average Investor? Ten Great Investors Tell Us

Excess Returns

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Is Liquidity What Drives Markets?

Ki volatility founder jem crazan made this point in our interview with him. Liquidity can mean the thing that spurs demand and that creates enough liquidity to keep it doing it. Ultimately, it doesn't matter much demand there is for something that won't ultimately have liquidity at some point. Doesn't matter what its earnings are if it doesn't have access to markets.

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