letap

683 posts

letap

letap

@letapk001

Katılım Aralık 2013
433 Takip Edilen184 Takipçiler
letap retweetledi
Heisenberg
Heisenberg@Mr_Derivatives·
I don't really watch much Futbol (aka soccer to us Americans). But the more I watch it, the more I like it. One of the main reasons is that it's continuous action without any breaks or commercial interruptions. Once you realize that, it's hard to unsee the countless commercials and breaks in between NBA, MLB, NFL, etc... Am I right or am I right?!
English
544
126
4.5K
247.7K
letap
letap@letapk001·
How are we not watching the Shane Lowry Hole in One live… shit coverage #cbs #masters
English
0
0
2
1.1K
iOccupyNigeria
iOccupyNigeria@iOccupyNigeria·
This falls apart the moment you apply basic math, market mechanics, and real-world constraints. Your friend claims he buys a car for $8,900, sells it for $12,000, and makes about $3,100 per car. Doing that once a day supposedly becomes $93,000 a month. That only works if everything is perfect every single day with zero friction, which does not exist in any real market. CarMax to Carvana arbitrage does not exist at scale. Both companies use algorithmic pricing, pull from the same wholesale data like Manheim and Black Book, and constantly adjust for demand and inventory. If a car is worth $12,000 to Carvana, CarMax already knows that. Any consistent pricing gap would be eliminated immediately by institutional buyers. You are also not buying wholesale. CarMax is retail. By the time you add taxes, fees, and registration, that $8,900 car is realistically $10,000 to $11,000 all-in. That alone wipes out most of the supposed profit. On top of that, Carvana offers are conditional. They adjust after inspection, and it is common for a $12,000 online offer to become $10,200 or less. Your margin disappears instantly. Even if someone wants to try arbitrage, the only place it even slightly exists is at auctions. But the same problems still apply. You need dealer access, cars are sold as-is, inspections matter, transport costs money, reconditioning eats margin, and you are competing with professionals who do this full-time. It is not easy money, and it is not consistent. Then there is the logistics. To make $90,000 a month, you need about 30 cars every month. That requires constant deal flow, significant capital, and time. This is not one hour a day. It is sourcing, inspecting, buying, transporting, selling, and handling title transfers. It is a full dealership level operation, not a side hustle. And the biggest flaw is simple. Carvana can see where the car came from. They can see repeated transactions from the same person bringing them cars purchased from CarMax. If this was real, why would Carvana keep overpaying instead of sourcing directly themselves? They already have dealer networks, auction access, and pricing data. They would shut that loophole immediately or internalize it. At best, someone might get lucky on an occasional flip. Turning that into a consistent $90,000 per month system is not just unrealistic. It is impossible in a market this efficient.
English
35
3
687
208.5K
Uzi
Uzi@UziCryptoo·
My friend has a new side hustle Bought a car for $8,900 from CarMax Sold it for $12,000 to Carvana He does this once a day and makes about $90k a month All with an hour a day each day Why aren’t more people doing this?
English
594
205
8.7K
3.8M
Total Traffic Miami
Total Traffic Miami@TotalTrafficMIA·
NOT GOOD I-95 South Before the Golden Glades, Crash involving 6-7 vehicles at a STANDSTILL only one lane squeezes by on the mainline, and one not-so express lane
English
2
8
40
9.5K
letap retweetledi
mahrukh
mahrukh@parhloumahrukh·
why do Americans insist on saying eye-ran and eye raq, yet they can say Italy
English
2.4K
11.1K
159.9K
7.3M
letap retweetledi
sam
sam@samdape·
you basically need to be unemployed rn to keep up
English
466
1.6K
20.5K
1.2M
letap
letap@letapk001·
@SharpFootball Legit 10 mins of silence for every 30 secs of football played
English
0
0
15
1.2K
Warren Sharp
Warren Sharp@SharpFootball·
reminder: the 4k broadcast is heaven no commercials total silence too bad we don't get this option in the NFL highly recommend
English
71
42
2.7K
239.8K
Sky Sports Premier League
Sky Sports Premier League@SkySportsPL·
Harvey Barnes puts an end to an all-time Premier League CLASSIC! 🤯
English
118
750
6.2K
1.6M
letap
letap@letapk001·
@Blanco22Bandit @chadmumm Top tier golf courses have their trash cans buried in the ground, helps the look of the course
English
1
0
5
10K
Lee
Lee@Blanco22Bandit·
@chadmumm I’m poor what does this mean?
English
2
1
28
37.2K
Chad Mumm
Chad Mumm@chadmumm·
When you see one of these on the first tee, you know its going to be a good day
Chad Mumm tweet media
English
55
10
1.3K
468.1K
letap
letap@letapk001·
Anyone else’s Robinhood app bugging out? #Robinhood
English
3
0
2
177
Dan on Golf
Dan on Golf@DanOnGolfShow·
"As an American I apologize"
English
305
231
3.8K
360.8K
JJ
JJ@jakejaw21·
@letapk001 @rory_fans Rory doesn’t epitomise European banter. The fella is a jumped up little gimp
English
1
0
0
126
letap retweetledi
RORY FANS
RORY FANS@rory_fans·
🤣🤣🤣this is unreal
English
100
1.8K
28.6K
1.1M