In this brief overview, I address some of the fundamental topics related to the physics of strongly correlated fermions, which have been also the subject of my research. After addressing the question why the field has a fundamental meaning, we next turn to the specific problems with their simple theoretical description. Those topics are: (i) the concept of spindependent masses of heavy particles and its subsequent experimental verification; (ii) the correlated metal–insulator transitions of the Mott–Hubbardtype; (iii) real space pairing and its subsequent experimental verification for high-temperature superconducting cuprates. I mention also the persistence of quantum spin and charge excitations in the superconducting phase. All those phenomena confirm the view that the strongly correlated fermionic systems represent a new class of quantum liquids, with some properties quantitatively different than those of the Landau Fermi liquids. Namely, they can be classified as those that fall in between those of the anomalous Landau Fermi liquid and localized-magnetic-moment system.