Indeed. Some people have a talent for taking a risk on the front end of buying something they know they can flip for a profit, and that something may even be j

Indeed. Some people have a talent for taking a risk on the front end of buying something they know they can flip for a profit, and that something may even be just a place in line. Years ago I helped start a corporate jet manufacturer (that went bankrupt after investment dried up after 9/11). One of our first deposit holders (a "mere" $10K as I recall) flipped his early position in line after about 18 months for a cool million dollars. He tied up for a relatively short time a relatively trivial amount of money for something someone else did most of the work in developing and promoting. His bet was our effort would be successful enough to simply sell his early spot in line. I recall thinking at the time that was why he was rich and I wasn't - I could have bet the same small amount and made the same money, and I had the insider knowledge to guess we'd do a good job early on. Yet I didn't have the idea to do that.