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Response to arely staircase (Reply #7)

Thu Mar 28, 2013, 09:25 PM

9. Man, I tell ya- if that's the case I'd advise even more against it.

Look, I can't say for certain that you wouldn't be able to make a killing. But...you know, a crapload of people and institutions also probably have the same idea about how to make a killing. When there's a bunch of interest in a good idea, sometimes the thing that makes it so good..well, it doesn't go away, but it might be harder to exploit.

I don't know where you could find more information about it, but Ponzi originally thought he could make millions with discounted International Reply Coupons. And technically, in some sense, he might have been able to. But it ran into red tape to get the kind of turnover and that's what caused him to kick of his Ponzi Scheme. I'm not saying you're doing anything wrong, just pointing out Ponzi's accurate analysis of being able to make money off those International Reply Coupons but actually turning the profit proved much harder than it seemed.

And for Christ's sake: If it's something the government can fuck you out of with new legislation, you can almost count on them doing it. That's a bend in the road, and you never know if or when it's gonna come.

PB

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