Manoj

“Investors long for steady waters, but paradoxically, the opportunities are richest when markets turn turbulent.”
― Roger Lowenstein, When Genius Failed: The Rise and Fall of Long-Term Capital Management

“If you aren’t in debt, you can’t go broke and can’t be made to sell, in which case “liquidity” is irrelevant.”
― Roger Lowenstein, When Genius Failed: The Rise and Fall of Long Term Capital Management

“There is this idea that you either read to escape or you read to find yourself. I don’t really see the difference. We find ourselves through the process of escaping.”
― Matt Haig, Reasons to Stay Alive

“As Keynes observed, there cannot be “liquidity” for the community as a whole.6 The mistake is in thinking that markets have a duty to stay liquid or that buyers will always be present to accommodate sellers.”
― Roger Lowenstein, When Genius Failed: The Rise and Fall of Long Term Capital Management