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. (Stephen A. Schwarzman)

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.

Stephen A. Schwarzman

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asset buy cycle economy less leverage lower recession slows illiquidity

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