Financial companies
owning illiquid assets financed by short, liquid liabilities.
Not exact matches
But some rich people make the mistake of tying the bulk of their
assets up in one place, such as their
own business or in real estate — two very
illiquid investments.
«With Harbor, we could see things like funds tokenizing LP interest for
illiquid asset classes, marrying the liquidity of markets with the illiquidity of the underlying
assets owned by the fund.
If I
own one - third of Florida, that's an extremely
illiquid asset and exactly how much of it I can develop at what value, the name escapes me, but the company I'm thinking about ended up being a very good short thesis by David Einhorn.