The difference in liquidity there exists for institutional investors—it’s faster and easier to sell a billion dollars of T-bills than a billion dollars of Amazon. For a retail investor with maybe a thousand bucks in a single position, the difference is irrelevant.
The difference in liquidity there exists for institutional investors—it’s faster and easier to sell a billion dollars of T-bills than a billion dollars of Amazon. For a retail investor with maybe a thousand bucks in a single position, the difference is irrelevant.
I think this topic is rather about retail investing than about how to be an institutional investor.
Exactly my point. It’s a distinction that exists in the literature, but it’s not relevant here.