So if you have read the recent "Buddy Banking" news article, some of you may be just as skeptical as I am. Trust someone with $1bn or 2bn?? As we say here in Brooklyn - "get outta here!".
What if there is a better, low risk way. It takes just about the same amount of work (maybe even more) but has the potential for much higher returns and lower risk. What is this idea you ask?
Well my idea (likely not new) is to stake new players who are good at poker but don't have the capital to make money. Maybe they are under level 15 or haven't played in years. Start small, $500k. I make them return 150% of cost then split 50/50 afterwards. If they lose you've lost 500k, your PI daily maintenance cost. If they start to do well, up to the stake to $5m. Then $10m, 25m, 50m. You get the idea.
Like many people who play poker on Torn weekly but get tired after a while/or find it hard to justify to their spouse, this is a great way to maintain that asset class exposure without the weekly grind.
Torn fits the mold of a highly developed economy (Ched may find this hard to believe). Torn has high amounts of capital (E.g. 80% APR), many rich citizens albeit high inequality. Capital is plentiful but labor is scarce.
Like all things, keys to success is about trust, diligence, patience and execution. For those both enterprising poor and rich, the sky is the limit.
What if there is a better, low risk way. It takes just about the same amount of work (maybe even more) but has the potential for much higher returns and lower risk. What is this idea you ask?
Well my idea (likely not new) is to stake new players who are good at poker but don't have the capital to make money. Maybe they are under level 15 or haven't played in years. Start small, $500k. I make them return 150% of cost then split 50/50 afterwards. If they lose you've lost 500k, your PI daily maintenance cost. If they start to do well, up to the stake to $5m. Then $10m, 25m, 50m. You get the idea.
Like many people who play poker on Torn weekly but get tired after a while/or find it hard to justify to their spouse, this is a great way to maintain that asset class exposure without the weekly grind.
Torn fits the mold of a highly developed economy (Ched may find this hard to believe). Torn has high amounts of capital (E.g. 80% APR), many rich citizens albeit high inequality. Capital is plentiful but labor is scarce.
Like all things, keys to success is about trust, diligence, patience and execution. For those both enterprising poor and rich, the sky is the limit.
![[image: media0.giphy.com]](https://media0.giphy.com/media/46zrcGvpuWlPCbZ6ph/200.gif){kind=link}