Originally Posted by california rick
Originally Posted by Checkerboard Strangler
And think about this for a moment, Kap.
Assets that are not easily liquid are sometimes assets that aren't worth what someone claims they're worth.
Exactly - like art pieces - which I have several that I'd like to liquidate but can't due to finding a buyer who'll pay me what I at least paid for them many, many years ago.

That is the worse example you could have used. Valuation of art is not even close to the valuation of fixed assets like factories, buildings and other assets that companies have.

Your art can be priced... you just don't like the price it is at. Mortgage Back Securities right now cannot be priced due to a lack of market for them.

A gem cannot be polished without friction, nor a man perfected without trials. ~Chinese Proverb

The early bird gets the worm, but the second mouse gets the cheese. ~Jon Hammond