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What's wrong with that? Like most arbitragers, he provided liquidity. It sounds like he helped people. Are people who go to liquidation auctions bad?
by ikeboy 10y ago
What's wrong with that? Like most arbitragers, he provided liquidity. It sounds like he helped people.
Are people who go to liquidation auctions bad?
- jbuss 10y agoThe behavior itself is in a moral gray zone. I wouldn't feel good about myself at the end of the day if I made money preying on people going bankrupt. Morality aside, it is bad advice because it isn't feasible to do that in today's world, and it isn't a valid career track. To me it sounds like he's selling a get-rich-quick real estate scheme in an infomercial.