On June 25th, 2019, rapper Travis Scott announced a collaboration with Reese’s Puffs cereal, selling limited-edition boxes for $50. That price seemed ridiculously high to me. I wouldn’t pay $5 for cereal, let alone $50. Joke’s on me though, because they sold out in less than a minute. The next day they were up on … Continue reading Respect the Hustle: Travis Scott Cereal Boxes and Arbitrage
Adam Smith changed the way I sold my unwanted textbooks (spoiler alert...I didn't maximize profits).
First appeared at GenFKD Adam Smith’s “invisible hand” has been smacking proclaimed unicorns in the tech industry, protecting the rest of us from another economic Armageddon. There has been chatter about the dangers of the unicorn economy that has stemmed from the breeding ground of technological innovation—Silicon Valley. With 155 unicorn companies at a total … Continue reading Adam Smith Reigning In The Unicorns
International oil cartel OPEC is back at its shady ways, but, thankfully, the organization is doomed to fail. Whenever we hear the term “cartel” there is always a negative connotation involved with its use. We tend to correspond the term with the drug cartels of Mexico and people like “El Chapo,” the leader of the … Continue reading Oil Cartels and Those Damn Dirty Pizza Dealers