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Question for Smart People

Started by jwilliamsytrewq · · Last activity · 13 posts · 481 views

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General fitness, health and nutrition
Published
28 January 2004
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31 January 2004
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jwilliamsytrewq
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  1. I know this is not an appropriate posting to this group but some
    runners are really smart and determined and might be able to solve
    this problem:

    I want to make US$100 million within 6 months (keep an open mind, it can be done, at least because
    it has already). Here's my premise:

    Money is only made legally by the sale of something. This something can be a thing or service that a
    company, corporation, person, institution, organization or government will pay cash for. To make a
    profit the expense of the sales process (everything including the price of the thing, if any) must
    be less than the selling price. To get a $100 million profit the equation is x (expense) + $100
    million. Undervalued asset is the key term here. What things sell (or could sell for) for x (if
    applicable) + $100 million? And can do so within 90 days? Here are some real examples of asset
    classes (these are not all that's out there) and I'll give the pros and cons:

    1. Real estate - this covers major buildings (and real estate portfolios) and valuable land. Pros:
    There many players and is fairly liquid. Deals can close quickly. Cons: Undervalued major real
    estate is not that easy to come by. Buyer may "shop" the property around once you inquire. In all
    deals keeping it confidential is very important until you hold title - please note!

    2. Industrial assets - this includes things like industrial plants, mining properties (abandoned
    properties that were abandoned prior to new mining technology?) and other assets like ships and
    generators. Pros: There's lots of these around and fairly liquid. Once another company has no use
    for the asset they often sell for way below original cost. Cons: Finding the right deals.

    3. Paper assets - patents, valuable information, copyright holdings (print, music catalogs). Pros:
    Lots of them out there. Easy to sell quicky. Cons: Have no intristic value. If they do generate
    income it's hard to get a great deal. Undervaled is the key here, as it is in all the deals.

    4. Corporations - Buying and selling corporations. Called "flipping". This is done by investment
    bankers. Pros: Lots of corporations that are or could be for sale. Cons: Well known in the
    industry. Hard to get a good deal.

    There's a lot more I could write but I think I have given you enough to at least let you see what
    I'm trying to do. The key is finding the right asset and closing the deal quickly. Personally I
    like category
    #3. Any ideas to really make this work?

  2. Quoted message said:

    I want to make US$100 million within 6 months

    Quoted message said:

    Any ideas to really make this work?

    Geez, hadn't you "lost face" enough with your last pathetic thread ("Running and your face"😉? Now we
    have to endure this "get rich quick" garbage? Try trolling at "rec.morons" awhile.

  3. <[email hidden]> wrote in message
    "]news:[email hidden]...

    Quoted message said:

    I know this is not an appropriate posting to this group but some runners are really smart and
    determined and might be able to solve this problem:


    <snip>

    The real question is; how much capital do you have? If you only have $20 in your pocket, your odds
    of making that into $100 million are exactly zero.

    Now, if you got a spare million or two, now there's a chance. A slight chance, but a chance
    none the less.

  4. In article <[email hidden]>,

    HardwareLust said:


    <[email hidden]> wrote in message
    "]news:[email hidden]...

    Quoted message said:

    I know this is not an appropriate posting to this group but some runners are really smart and
    determined and might be able to solve this problem:


    <snip>

    The real question is; how much capital do you have? If you only have $20 in your pocket, your odds
    of making that into $100 million are exactly zero.

    Naw! He could by 20 lottery tickets! Of course, the odds of him winning are about the same as the
    odds that they'll accidentally put the $100 million in his account and not notice their mistake, but
    they're not 0.

    --Harold Buck

    "I used to rock and roll all night, and party every day. Then it was every other day. . . ."

    - Homer J. Simpson

  5. "Harold Buck" <[email hidden]> wrote in message
    "]news:[email hidden]...

    Quoted message said:
    In article said:


    <[email hidden]> wrote in message
    "]news:[email hidden]...

    Quoted message said:

    I know this is not an appropriate posting to this group but some runners are really smart and
    determined and might be able to solve this problem:


    <snip>

    The real question is; how much capital do you have? If you only have


    $20 in

    Quoted message said:
    Quoted message said:

    your pocket, your odds of making that into $100 million are exactly


    zero.

    Quoted message said:
    Quoted message said:

    Naw! He could by 20 lottery tickets! Of course, the odds of him winning are about the same as the
    odds that they'll accidentally put the $100 million in his account and not notice their mistake,
    but they're not 0.

    Well, maybe not exactly zero, but very close to it!

  6. Quoted message said:

    I know this is not an appropriate posting to this group but some runners are really smart and
    determined and might be able to solve this problem:

    Better test since you are bored. With a pencil and paper compute how long it will take you to go
    between two walls in your living room if at each step you go half the distance.

    --
    Doug Freese "Caveat Lector" [email hidden]

  7. Here's what you do... just deposit 16 million dollars in your bank account every month and then...
    at the end of 6 months... VOILA! $100 Mil!

    --
    Nova Scotia, Canada

  8. HardwareLust said:

    Well, maybe not exactly zero, but very close to it!

    Asymptotically dumb question. 😉

    --
    Doug Freese "Caveat Lector" [email hidden]

  9. Quoted message said:

    I want to make US$100 million within 6 months (keep an open mind, it can be done, at least because
    it has already). Here's my premise:

    if you're really really serious, here's the solution. keep it to yourself. normally it sells for
    $29.95 but since it's a wednesday, it's free for you.

    here's what you have to do. follow it precisely.

    draw up a list of 10 people. put your name and address at the top. then to, each of the other 9,
    send a check of $20. within a few weeks, you shall have your $100 million.

  10. I'm the smartest one here, and IMHO you are a moron.

    [email hidden] wrote in message news:<[email hidden]>...

  11. On Wed, 28 Jan 2004 11:30:19 GMT, Doug Freese <[email hidden]>

    Quoted message said:

    Better test since you are bored. With a pencil and paper compute how long it will take you to go
    between two walls in your living room if at each step you go half the distance.

    The physicist says you will never get there. The engineer says you might never get there, but you'll
    eventually get close enough.

  12. In article said:
    Doug Freese said:

    Better test since you are bored. With a pencil and paper compute how long it will take you to go
    between two walls in your living room if at each step you go half the distance.

    The physicist says you will never get there. The engineer says you might never get there, but
    you'll eventually get close enough.

    The statistician says that whether or not you get there depends on the value of the "noise term".

    After several hops, the nuclear physicist declares "he's near enough", and answers objections with
    "let's not split atoms".

    The philosopher begins a Socratic dialogue with intent on discovering what "there" really means.

    Cheers,
    --
    Donovan Rebbechi pegasus.rutgers.edu~elflord

  13. Doug Freese said:


    Better test since you are bored. With a pencil and paper compute how long it will take you to go
    between two walls in your living room if at each step you go half the distance.

    When within approximately 4 inches of wall, put snowshoes on 😉

    Dot

    --
    "Success is different things to different people" -Bernd Heinrich in Racing the Antelope

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