Note to future self…
There seem to be a few groups of people that can generate wealth out of “nothing” in a fashion similar to what alchemists tried to do back in the day. This a spin on an old saying “follow the money”. This begs the question:
Where are the alchemists?
I suspect that they still exists in just a few industries. Namely:
In both instances it seems that this group of people can generate wealth from nothing and that is probably one of the purest forms of leverage I’ve seen.
Takeaway: there’s no other takeaway here. Just an appreciation of what’s possible.
Now back to work…