Sunday, November 05, 2006

One red paperclip

Kyle MacDonald turned a red paperclip into a house in one year through 14 trades, trading up each time. As a result he's made it into the news and has become a bit of a celebrity.

There is a lesson to be learned here. Something about the ease with which it can all be done with a good idea and some good publicity. I'll get back to you on that one when I've got a better idea what I'm talking about.

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