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Money Creativity

March 24, 2022 By George Hutton Last update: March 24, 2022

Creative Income

https://loopvids.s3.amazonaws.com/2022/22Mar24_Post.mp4

I had a friend once.
 
He made his living at the track.
 
Betting on horses.
 
But not like most people do.
 
Well, most people bet on hunches.
 
They see the track as a hobby, something to do for fun.
 
Then there are the individuals who make a living.
 
They do tons of research and can make a pretty good living.
 
Then there’s my friend.
 
Or rather, the guy he worked for.
 
He created a massive computer program based on inefficient market theory.
 
When there was a big enough difference between the calculated odds of winning, based on past performances, and the actual odds at the track, they would bet on that particular horse.
 
But whether that worse won or not wasn’t the point.
 
From a big picture standpoint, they would bet on maybe 15 horses during any given day at any given track.
 
And they would bet at plenty of different tracks.
 
The overall effect was a positive ROI.
 
They’d invest, say $5000 per day betting at all the tracks.
 
And they’d get, say, $6000 back at the end of the day.
 
The guy he worked for had about five “employees.”
 
There job was to go to the various racetracks and place the bets.
 

Horse Investments

Although they made their living betting on horses, it was much more of a rational investment scheme.
 
A profitable investment scheme.
 
They even collected money from other investors, and paid them interest on their investments.
 
They’d get, say, $50,000 from an individual investor.
 
And they’d pay him back $60,000 over the next eighteen months or so.
 
A long time ago I worked for a company that made medical devices.
 
And we had to test them every day, using blood.
 
Not human blood, but steer blood.
 
About 15 gallons per day.
 
And where I lived at the time, there were several other companies like us.
 
Who made devices that were used during open heart surgery.
 

Blood Money

So, where did we get our blood?
 
There was a company that would show up at the slaughterhouse every day.
 
And collect tens of gallons of steer blood as they were being slaughtered.
 
And then sell it to the various medical companies.
 
Once I applied for a job at a radio company.
 
A room with a few guys.
 
They would call radio stations and sell ads.
 
Then they would perform the ads themselves.
 
For every ad they got, they’d get paid by the people they were advertising.
 
No overhead for the products they were advertising.
 
Little overhead for the company.
 
Money would go through them, to the radio station.
 

Money Brain

There are untold amounts of ways to make money.
 
Many don’t require any kind of education.
 
Many don’t require any raw materials or even products.
 
All you need is some creative thinking, and you can get paid.
 
A lot.
 
Learn More:
 

Money Brain

 
 

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Brain
 
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Filed Under: Beliefs, Brain Power, Business Skills, Communication Skills, Human Nature Tagged With: Blood, Creativity, Investments, Money, Money Brain, Racetrack, Radio Ads

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