reading 25: equity: how AUM, size, liquidity, turnover affect portfolio construction

Hi all,

Regarding the LOS below in Reading 25:

how assets under management, position size, market liquidity, and portfolio turnover affect equity portfolio construction decisions

I understand based on the CFAI textbook that we must consider the implicit costs + slippage costs.

Is there anything else relevant?

[PS: that chapter is badly structured and/or hard to follow]