Asks Quote by Pliny the Younger
“Perhaps you will ask whether I can raise these three millions without difficulty. Well, nearly all my capital is invested in land, but I have some money out at interest and I can borrow without any trouble.”
About This Quote
The speaker asserts confidence in raising a large sum, noting that most assets are land‑based but liquidity and credit are sufficient to secure funds easily.
In simple terms: Confidence in financing despite asset composition.
Key Takeaway
Liquidity and credit can offset illiquid holdings.
Themes
finance
confidence
asset management
liquidity
credit
Mood
determined
pragmatic
Type
statement
financial assertion
When to use this quote
- seeking investment capital
- negotiating loans
- expanding business operations
Key Concepts
capital structure
risk mitigation
Practical Applications
- financial planning
- investment strategy
Questions to Reflect On
- How does asset diversification affect borrowing capacity?
- What risks arise from heavy reliance on land as collateral?
![“[Pliny the Elder] used to say that “no book was so bad but some good might be got out of it.” quote by Pliny the Younger](https://sms4smile.com/quotes/img-quotes/13e/pliny-the-younger-15981_books_pliny-the-elder-used-to-say-that-no-book_691761.jpg)
