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How I Got a 27% Return Buying Wine
- shortsightedsid 9y agoNot really the right term IMHO. Instead of calling a return which implies ROI, it's a discount. If you did sell it at the higher price and notwithstanding taxes, overhead of inventory management, other costs and your make 27% then it's ROI. Isn't that how it always works at Costco? If you buy in bulk - you save.
- humblebuck 9y agoI agree, if you buy in bulk you save. And I agree typically, people associate return/ROI lingo with investment. However, I think it's useful to think this way to compare ways to utilize your excess money. I find it helps people think about where they can do this in their lives outside of the normal Costco run.
- Cypher 9y agoIf I were to make a list of tat post from hacker news this would be on it.
- humblebuck 9y agoMan I wish I knew what tat stood for...