diff --git a/concepts/liquidity.md b/concepts/liquidity.md index b6ef509..f171e64 100644 --- a/concepts/liquidity.md +++ b/concepts/liquidity.md @@ -1,8 +1,8 @@ # Liquidity -Liquidity is the state of [assets](assets.md) being liquid, or the ability to easily turn the assets or investments into [currency](currency.md) by finding a buyer for the asset on a [[market.]] +Liquidity is the state of [assets](assets.md) being liquid, or the ability to easily turn the assets or investments into [currency](currency.md) by finding a buyer for the asset on a [market.](market.md) The inability to find a buyer for an asset makes the asset illiquid. ## References 1. Grinold, Richard C., and Ronald N. Kahn. Active portfolio management: Quantitative theory and applications. Probus, 1995. -1. Wilmott, Paul. Paul Wilmott introduces quantitative finance. John Wiley & Sons, 2007. \ No newline at end of file +1. Wilmott, Paul. Paul Wilmott introduces quantitative finance. John Wiley & Sons, 2007.