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Key takeaways
- You don't have to do anything, you just buy something that's worth a lot and sell it to something for a little bit more.
Chapters
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0:00
Abschnitt 1 The easiest way to make a million dollars is buy something that's $10 million, buy it for eight and you sell it to somebody else for 10.
Full transcript
Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.
0:00Unternehmer/Gast The easiest way to make a million dollars is buy something that's $10 million, buy it for eight and you sell it to somebody else for 10. There you go, you made two. You don't have to do anything, you just buy something that's worth a lot and sell it to something for a little bit more. How do you think guys make a billion dollars? They buy something that's $10 billion and they sell it for 11, they made a billion dollars. That's how that kind of money is made. They're not making it, they're arbitraging value.