I've lived through periods of illiquidity before. Asset prices come down. The economy slows or even goes into recession. Then the cycle re-starts. We buy at lower prices with less leverage.
![I've lived through periods of illiquidity before. Asset prices come down. The economy slows or even goes into recession. Then the cycle re-starts. We buy at lower prices with less leverage.](http://cdn.quoteddaily.com/images/stephen-a-schwarzman/ive-lived-through-periods-of-illiquidity-before-asset-prices-come-down-the-economy-slows-or-even-goes-into-recession-then.jpg)
I've lived through periods of illiquidity before. Asset prices come down. The economy slows or even goes into recession. Then the cycle re-starts. We buy at lower prices with less leverage.