Why Does Liquidity Stand Shoulder to Shoulder With Risk and Return

Think about it: risk, return, and liquidity—why is this an impossible trinity? If liquidity can be placed on the same level as risk and return, it must be a matter of life and death.

Return is life, risk is death, and liquidity is the boundary between the two.

When it comes to investing, liquidity is the only factor you can actually do something about.