[Imagination Club] Get rich quick ideas

[John Tunney]

Nice one Jeffrey :)

I read about a famous investor from times gone by and I heard he had a 
simple 'system' that made him rich: he went around all the factories in the 
US and simply counted the number of factory chimneys that were billowing 
smoke. The ones that had the most active chimneys he would invest in. This 
may be apocryphal but it got me thinking for a modern equivalent. Maybe if 
we could monitor the daily rate of phone calls for a company (and possibly 
the number of emails) we could spot the fledgling companies that are 
experiencing an increase in business. Whether this would work better in the 
medium or long term I don't know. This approach probably wouldn't be 
workable for real but it has got me thinking about simple ways to assess the 
success of a company -  especially when looking for a company to invest in. 
Any thoughts?


I devised this 'get rich quick' system for the horse races: It's a fact that 
the bookmakers don't make much money on horse races with only two or three 
runners. It's also true that in jump races with only two or three runners on 
HARD going the favourite will get beaten about fifty percent of the time 
(due to being unable to gallop freely on the harsh ground). With the second 
favourite winning close to fifty percent of such races if the punter simply 
backs the second favourite then - in the long run - they should make a 
profit.

A few years ago I researched this system over three past horse racing 
seasons (using past form books) and it was reasonably profitable (on about 
ten races over a season that met the conditions). Unfortunately the rules of 
horse racing changed so that two/three horse races became rare and the 
watering of courses improved so that hard going was a bit rarer. I haven't 
researched this in recent years to see if suitable races ever occur but when 
I get the time I would like to test the system for the past, say, twenty 
years to see if it was as profitable as it was over three seasons.

From: "Jeffrey Baumgartner" <jeffreyb at jpb.com>
Reply-To: Imagination Club <imagine at lists.supertrade.com>
To: imagination Club <imagine at lists.supertrade.com>
Subject: [Imagination Club] Get rich quick ideas
Date: Mon, 17 Oct 2005 12:45:24 +0200

Happy Monday...

If you are like me, your e-mail box is probably bombarded
with junk e-mail. And a big part of it probably offers get
rich quick schemes. Most of them are, of course, totally
lacking in imagination and are based on wives of dead
African dictators, pyramid schemes or other nonsense.

You can do better! Share your ideas on how to get rich
quickly, with little effort and fast results. Extra points
for audacity and humour!

Jeffrey Baumgartner
Your Fearless Moderator--
Helping businesses innovate better
www.jpb.com | Tel: +32 2 251 7725 | GSM +32 478 549 428


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