Mathew Cohen

[Ryan Petersen @typesfast]

Average engineer's tenure at major tech companies is too short

[Michael Girdley @girdley]

"Controlling a tollbooth"

I love the story of the Ambassador bridge in Detroit.

25% of all cargo from Detroit to Canada goes across it.

Monopoly on access.

It's a money printer.

So good that Warren Buffett waited years to own 25% of it.

[Michael Girdley @girdley]

"Geographic Arbitrage"

Buy something in one place and sell it in another for more.

I've done this.

For decades we imported fireworks, then sold them to Mexicans who’d take them into Mexico.

Why?

Mexico had a big duty on fireworks from China. The US didn't.

[Michael Girdley @girdley]

"Cash from Trash"

You get a “waste product” from a manufacturer.

You offer to take it off their hands.

Repurpose and sell it.

Bonus if the manufacturer lets you set the price.

(I have to be vague because I have friends doing this!)

[Michael Girdley @girdley]

“Found Money"

You “find” revenue like Jim The Pancake Man.

Jim uses a giant griddle trailer to help organizations fundraise.

1) They get their donors to buy breakfast for $20 a person.

2) Costs Jim $1.50 ea. He sells it for $7 ea

50+ events/yr with some >1000 people.

Crazy.

[Michael Girdley @girdley]

17 weird ways people got rich

A 🧵:

[Adam Freeman @AdamFreemanPL]

@SuburbanDrone

[Mac10 @SuburbanDrone]

I could almost see getting fooled during the first sucker's rally this year. But the second time there is no excuse.

[Cheddar Flow @CheddarFlow]

“Sell the puts, Paul. All of them. Buy calls now, I landed”