Stop Trading Hours for Dollars at Your Job — Learn How to Apply the Leverage of Arbitrage
Most of the wealthiest people in the world own their own businesses in some way — either through a huge number of stock shares, or outright through privately held companies. Most people do not get rich working for someone else.
The secret to great wealth is to apply some sort of leverage to your earning power, either through creating something one time and selling it over and over like authors and musicians do, or through some type of arbitrage. Arbitrage is defined as an activity where the same “thing” is bought and sold simultaneously in two different markets in order to cash in on the divergence between the two markets.
The “thing” in the definition above can be a financial security, a physical product, a digital product, or even just internet traffic. You make a small profit on each transaction, all adding up to a massive profit. Take a look at this example of arbitrage — it will reshape the way you think about earning a living…
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