Ibbotson on the Overlooked "Liquidity Premium"

Yale Professor and money manager Roger Ibbotson, whose research into historical stock returns is among the most extensive available, says that investors can get a premium by investing in stocks or other assets that have lower levels of liquidity. Ibbotson tells Bloomberg that this “liquidity premium” is a “forgotten area” of stock analysis.

[youtube=http://www.youtube.com/watch?v=in_x0DDqetg]

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