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There is a saying. How to make a lot of money? Be first, best, or cheat.
by dataviz1000 3y ago
There is a saying. How to make a lot of money? Be first, best, or cheat.
- noud 3y agoI think it's "only" a quote from a movie called Margin Call [1]. But my grandma could have said it. ;) [1] - https://www.imdb.com/title/tt1615147/quotes/?item=qt1531207&ref_=ext_shr_lnk https://www.imdb.com/title/tt1615147/quotes/?item=qt1531207&...
- maxbond 3y agohttps://www.youtube.com/watch?v=ag14Ao_xO4c https://www.youtube.com/watch?v=ag14Ao_xO4c It's the first 30s of this clip, for the curious. (Movie is a bit dry but pretty good.)
- iamflimflam1 3y agoA lot of companies make money by being second or even third mover. There's a lot of benefit to having someone else create the market and then swoop in with a marginally better product (or even just better marketing).