“He put 200 of them in the back of his Subaru and drove around to all his friends on all the logging sites ... sold them for 30 bucks a piece.”
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Said on Acquiring Minds
Understood: The Big Bet · E2: Winners and Losers
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bought iPhone screens for $30 each and sold repaired phones to classmates for $70-100, tripling his investment
$30 cost, $70-100 sale price
“He put 200 of them in the back of his Subaru and drove around to all his friends on all the logging sites ... sold them for 30 bucks a piece.”
“One account executive shared that automation's replaced about 20% of his old tasks, allowing him to talk 30% more customers in the same amount of time that he invested in his job before.”
“I bought candy at Costco for $13, flipped it for $30, selling each bar for $1 - 200 to 300% profit.”
“In 2022, he sold hundreds of millions of shares in kingdom holding to Saudi Arabia's public investment fund, which significantly tightened the state's influence over his flagship vehicle.”
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