Chapter
Investing in Obscure Markets
28:47 - 32:42 (03:55)
The obscurity of certain markets can intimidate investors, particularly in niches like life insurance policy payouts. However, modern technology has increased the accessibility of these markets, allowing for speedy transactions.
Clips
Open Door's model of buying houses off people was different from others by offering a 5% cut on the upside whereas others were focused on just being another housing marketplace.
28:47 - 29:30 (00:43)
Summary
Open Door's model of buying houses off people was different from others by offering a 5% cut on the upside whereas others were focused on just being another housing marketplace. A similar service could be offered for buying and selling secondary company stock.
ChapterInvesting in Obscure Markets
Episode#166 - Why a Sudoku Company Sold for $640m, "Opendoor for X" & Franchising Tech Companies
PodcastMy First Million
A potential opportunity to buy trading cards from people who don't know their worth and resell for a profit, similar to buying used furniture below market value.
29:30 - 31:08 (01:37)
Summary
A potential opportunity to buy trading cards from people who don't know their worth and resell for a profit, similar to buying used furniture below market value.
ChapterInvesting in Obscure Markets
Episode#166 - Why a Sudoku Company Sold for $640m, "Opendoor for X" & Franchising Tech Companies
PodcastMy First Million
The speaker discusses some of the bigger assets in life, such as market cap and life insurance policy payouts, while mentioning Carvana's $45 billion market cap as an example.
31:08 - 31:49 (00:41)
Summary
The speaker discusses some of the bigger assets in life, such as market cap and life insurance policy payouts, while mentioning Carvana's $45 billion market cap as an example.
ChapterInvesting in Obscure Markets
Episode#166 - Why a Sudoku Company Sold for $640m, "Opendoor for X" & Franchising Tech Companies
PodcastMy First Million
Some banks, such as Goldman Sachs, may offer to buy winning lottery tickets from individuals for a profit.
31:49 - 32:22 (00:32)
Summary
Some banks, such as Goldman Sachs, may offer to buy winning lottery tickets from individuals for a profit. This practice allows the bank to make a profit while providing individuals with immediate cash for their winning ticket.
ChapterInvesting in Obscure Markets
Episode#166 - Why a Sudoku Company Sold for $640m, "Opendoor for X" & Franchising Tech Companies
PodcastMy First Million
The weekly lottery, Powerball, earns on a weekly basis between $50M to $200M, and is not won every week.
32:22 - 32:42 (00:20)
Summary
The weekly lottery, Powerball, earns on a weekly basis between $50M to $200M, and is not won every week.