17 Oct
Arbitrage
This is just a new word to toss into the vocab. It is a form of Hustle to take advantage of price differences, from drugs to stocks to houses finding the price differences and making moves.
From Wikipedia, “In economics and finance, arbitrage is the practice of taking advantage of a price differential between two or more markets: a combination of matching deals are struck that capitalize upon the imbalance, the profit being the difference between the market prices. When used by academics, an arbitrage is a transaction that involves no negative cash flow at any probabilistic or temporal state and a positive cash flow in at least one state; in simple terms, a risk-free profit.”
Popularity: 2% [?]
