Mark Moss explains how to extract cash from an appreciating asset without selling it. Borrow against the asset as collateral, like a stock that rose from $1 to $10. Keep the investment and access the $9 in new equity.
you what I mean by harvesting liquidity. So if I have a stock that, say, you know, it starts at $1 and then it goes to $2 and then it goes to $4 and then it goes to $10, I have now made, you know, the difference of $10 minus the $1, I have $9 of equity. What I could do is I could say, let me pull $5 of equity out of that by issuing credit against it like a central bank does. Central banks hold assets.
