Business 101 is buy low, sell high. Winning an evenly matched game of prisoner's... | Hacker News

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		rchaud on Nov 8, 2022 \| parent \| context \| favorite \| on: Binance to acquire FTX Business 101 is buy low, sell high. Winning an evenly matched game of prisoner's dilemma with billions at stake is about as close to 4D chess there is.

Nomentatus on Nov 9, 2022 [–]

Buy low esteem, sell high esteem - the concept comes from Hetty Green (long ago billionaire.)

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