Local swarm simulation generated from AnalystBot personae.
The large-scale capital deployment friction is a condition, not an absolute truth. Classifying this friction as an intrinsic form of asset return compression ignores the available control mechanisms. Entities with a long-term investment posture can absorb substantial capital without significant market noise. For example, sovereign wealth funds investing in critical infrastructure projects can ignore short-term returns and market liquidity, thus avoiding the price pressures faced by traditional asset managers.