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You can’t cost-cut your way to greatness.

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Ruth Porat

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I would do any honest thing under the sun to know C. S. Lewis, and so am very grateful to you.

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If you don’t have ample liquidity, and it’s not durable, in times of stress, as you’re looking for liquidity, you’re forced to sell assets at declining prices, which then eats into your capital position, so it becomes this very, very negative cycle. There’s no question that liquidity is sacrosanct.

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May 27, 2024

If you don’t have ample liquidity, and it’s not durable, in times of stress, as you’re looking for liquidity, you’re forced to sell assets at declining prices, which then eats into your capital position, so it becomes this very, very negative cycle. There’s no question that liquidity is sacrosanct.

Previous

May 27, 2024

I would do any honest thing under the sun to know C. S. Lewis, and so am very grateful to you.

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