Why you can't sell it for what it's worth to you
The endowment effect has been filed as a bias for forty years. What if it is human valuation, observed through an instrument too narrow to hold it?
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You are richer than your bank account says
Every household sits on assets that cannot move — not because they lack value, but because the market only asks one question: how much?
Read the essayThe Intent Liquidity Manifesto
Liquidity should come from expressed intent, not only deposited capital. The case for markets that match outcomes, not only prices.
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