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Broken link for market.

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Sal Bayat 2022-05-01 23:30:15 -04:00
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concepts/liquidity.md
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# Liquidity # 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. The inability to find a buyer for an asset makes the asset illiquid.
## References ## References
1. Grinold, Richard C., and Ronald N. Kahn. Active portfolio management: Quantitative theory and applications. Probus, 1995. 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. 1. Wilmott, Paul. Paul Wilmott introduces quantitative finance. John Wiley & Sons, 2007.