Saturday, January 17, 2009

Schmuck Insurance


To get a deal done...

Simplicity sells. Complexity kills.


Best-named business concept of the day...
Schmuck Insurance:
When buying a company, you agree to pay the seller more money if you turn around and flip the company for a higher price, which would then make the seller look like a schmuck for selling at the original price.


In an efficient market, every asset is owned by the company that can operate it most profitably.
Everything has its rightful owner: the company that can make the most of it. If that's not you, sell it. You'll make more by selling it than by owning it.

No comments:

Post a Comment