Why Liquidity Is Treated as a Liability, Not a Feature
Failed to add items
Sorry, we are unable to add the item because your shopping basket is already at capacity.
Add to cart failed.
Please try again later
Add to wishlist failed.
Please try again later
Remove from wishlist failed.
Please try again later
Follow podcast failed
Unfollow podcast failed
-
Narrated by:
-
Written by:
About this listen
Most investors prize liquidity. Family offices often avoid it. Not because they don't value flexibility — but because liquidity creates temptation, and temptation erodes discipline.
This episode reveals why sophisticated families deliberately lock up capital in illiquid assets — not despite the constraints, but because of them. Illiquidity is governance encoded into the investment itself.
The Capital Stack — a daily briefing for family offices, next-gen principals, and trusted advisors who allocate long-term private capital.]]>
No reviews yet