investment-can-be-illiquid

Investment can be illiquid

Based on the fact that people in general prefer the more liquid investments, the law of supply and demand will mean that in general, the more liquid is an investment, the lower is the return that an investor can expect to get. Thus, current account…

what-is-investment

What is an Investment?

Investment is a word that is so regularly used that few people bother to think about its exact meaning when they use the word. And yet, investment is a word that is very difficult to define. Indeed, in the course on investment management which is…