Earnings Arbitrage for Entrepreneurs
Arbitrage: the practice of buying something in one place and selling it (almost) immediately in another place where it’s worth more.
My initial introduction to the arbitrage game came while I was working my way through college. I was fortunate enough to land a high paying job as a floor trader for a boutique investment firm. During lulls in trading activity you could do two things: play practical jokes on the other traders or find ways to make some more money. I opted for the latter and began buying stocks up that could be instantly resold on a different stock exchange for a profit. The money was not so much in the tight spreads as in the volume. If you did enough arb trades each and every day you could make a good income. Sadly I had to give the job up eventually because its hours only allowed me to take late afternoon and evening classes. If I was going to complete my degree within an acceptable time frame the mornings and early afternoons had to be freed up.
Arbitrage with Richard Gere
Power is the best alibi.
Is there any actor better suited to playing wealthy businessmen than Richard Gere? Well okay, there is Michael Douglas. I suppose they are equals when it comes to these types of roles. Just imagine the two of them together in a film about warring tycoons.