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Old May 20, 2007, 01:52 AM
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Ankesh Ankesh is offline
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Join Date: Sep 2006
Location: Mumbai, India
Posts: 692
Default Re: Brokering Wooden Busts and Snow Bubbles

Thanks Michael for starting this thread. Some great money making ideas over here.

I think stock market is like predicting weather. There are just too many variables for anyone to be extremely accurate all the time. But people can predict the broad strokes.

(I'll make a post about Warren Buffet's 4-step strategy in a bit.)

Re: Syndication. Its tough. But if you are half decent, you can break in. Especially if you are a writer.

But even if you can't break in into syndication - there is licensing. This is tough too. But the pay off can be worth it. For eg: what Jimmy Krug did - wrote a report for a bank. And the bank distributed it to 1000s of people - paying a good fee to Jimmy.

Licensing is easier for cartoons etc too.

Re: Brokering.

I have done it before. I would do it again too if I knew:

* There were guaranteed buyers in the market.
* If the profit would be worthwhile.

If I did focus on brokering again - I would most likely go for big product items only and find the buyer first.
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