Video Transcription
have varying degrees of liquidity. You can think of everything that is an asset as existing somewhere
on a liquidity spectrum and at one end of the spectrum is the most liquid asset of all. That
is cash. One US dollar bill is exactly the same as every other one US dollar bill. You can hand it off.
You know in some way you remind me of Vladimir Lenin. You see Lenin literally became a volcell.
He took a vow not to drink or have sex in order to stay focused on the revolution.