Citadel traditionally keeps more than a third of its assets in cash or liquid securities, allowing it to pounce when opportunities arise.

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You want them to know your capabilities so that when new opportunities arise they think of and mention you.

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He said in a statement Wednesday that the firm spent the second quarter piling up liquidity and capital so it's ready when opportunities do arise.

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As we have said before, owning real estate is not part of Nokia's core business and when good opportunities arise we are willing to exit these types of non-core assets.

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Fund managers will always disagree on whether it's better to stay fully invested in the market, and so catch the upswings in addition to the downdrafts, or to build up cash reserves for those times when buying opportunities arise.

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Thus, I encourage those who are part of our family to seize opportunities when they arise.

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