W
WizardofSoda
Overlord
★★★★★
- Joined
- Aug 25, 2019
- Posts
- 8,051
Tens of millions or today hundreds of millions of desperate annoying beta males are looking for any way they can make more money to 'get ahead'. The problem is as Bill Gates noted, in every business there is room for 1 company. Bill Gates' father was an anti-trust attorney for big companies and taught him that.
Imagine you had some way you were buying Rolex watches for $4,000 and selling them for $8,000. You would be making easy money and you could control how much you were selling so as not to saturate the market.
But say just 1 annoying beta male started copying what you were doing. Pretty soon hes buying for $4,000 and selling for $7,500. Then you drop your price to $7,000, then he drops his to $6,000. Before long you are lucky to get $4,500 per watch. And there might be a lot of running around and issues with customer service to make that $500. That annoying beta male might also tell a bunch of other guys or let it slip how he is doing it. So then there are 100's of men trying to make money in it, the market is over saturated and the profit arbitraged out. Then its not worth it to anybody.
You see how the knowledge is only valuable if only you know it.
Imagine you had some way you were buying Rolex watches for $4,000 and selling them for $8,000. You would be making easy money and you could control how much you were selling so as not to saturate the market.
But say just 1 annoying beta male started copying what you were doing. Pretty soon hes buying for $4,000 and selling for $7,500. Then you drop your price to $7,000, then he drops his to $6,000. Before long you are lucky to get $4,500 per watch. And there might be a lot of running around and issues with customer service to make that $500. That annoying beta male might also tell a bunch of other guys or let it slip how he is doing it. So then there are 100's of men trying to make money in it, the market is over saturated and the profit arbitraged out. Then its not worth it to anybody.
You see how the knowledge is only valuable if only you know it.