Sentences with phrase «single illiquid asset»
Moshe Milevsky, a finance professor at Schulich and one of Canada's best - known home - ownership skeptics, has long argued that for young people with limited means and unrealized career potential, stowing most of their wealth in a single illiquid asset is foolhardy.
http://www.canadianbusiness.com/ Not exact matches
I find many people obsess about a single number as if it had some real meaning, and tie themselves in knots to prove they have the «wealth» they have decided on (counting illiquid assets like homes being a common sneaky trick).
A private equity (PE) fund is a collective investment model where money from separate investors is pooled together into a single fund and then used to make investments, most often in various illiquid equity and debt assets.