They're fairly liquid securities.

And liquidity.

No matter how bad it was economically, he always got himself paid.

And let's say for whatever reason, all of these other

That's insolvency.

The real estate market's booming in Rio.

Liquid means it's very easy to buy and sell those securities in large quantities.

Beyond drag, lift and stretch there are many other properties we could simulate.

Recently it has become very much in fashion to call women the emerging market of the emerging market.

And they way they get this into circulation is that they'll take these four dollars and they'll go buy securities in the open market, normally very safe and very liquid securities

Kano, Salaga they were all there.

And frankly, you might be uncertain about

The 20 largest cities in the world.

So I'll pay 2 per share, which is a little bit of premium over the market value at the time, which was 1.

And that is opposed illiquidity.

Illiquidity is a different situation.

He's got a top hat.

You want to identify who your customers and markets are, and you have, but you now want to size the market,

You couldn't do it.

I'm worth 11,000.

You're not transacting with IBM the company

So in summary, the questions you want to ask are how big can this be, how much of it can we get, what's the growth rate of the market, is the market itself declining or is it in flux or is it taking off? and most importantly here is talk to customers and the sales channel, and next important is you can get some pretty good market size estimates by competitive approximation if it's an existing or resegmented market, or even if we're going to clone a market outside the US.

Maybe if I do it on a small amount,

House 1, house 2, house 3, house 4, and house 5.

And I can sell them.

There's a World Bank, arms dealers and a United Nations.

The troll market! The troll market?

So it's not just hunters in Central Africa.

And, indeed, that caravan is moving on.

In this market?

Now what does that result in their valuation, or in terms of their market cap?

Car travel is underpriced and therefore we over consumed.

Ηe even acted as the blackmarket broker.

lifecycle adoption curve popularized by Geoff Moore in a book called Crossing the Chasm.

Is floating

So now I have two problems. I have this and I have this.

I'm encouraged by that.

He's running spots in all 52 states in case any New Yorkers are on vacation.

So once again, I'm stuck holding this non liquid asset.

Year 3, it might be flat.

It's about as mysterious as the liquidity of water.

For example, government treasuries is a liquid security or a liquid asset,

They're places for people.

Philanthropy is the market for love.

The stock market is often called a dangerous one.