3 ms·
I assumed from the context the arb was California salary vs their local salary.
by le-mark 6mo ago
I assumed from the context the arb was California salary vs their local salary.
- OJFord 6mo agoAnd to make that an arbitrage you'd need to subcontract someone local to do the job you've taken the California pay for. It doesn't mean 'get a better deal in a non-obvious way/place', it's taking both sides of the trade in different markets.