Louis Ziskin
👤 SpeakerAppearances Over Time
Podcast Appearances
These are like, so that's your walking around money, right?
So they get thousands of them.
But, you know, they have wives and girlfriends and this and that.
And so they need what's called street-to-street money.
Money, cash money on the street going to somebody else.
Cash money on the street.
That's the most valuable commodity.
So what me and Tamer were able to do is we would buy, oh, you got...
Bob, you got 2,000 books of stamps.
Black Bob and Gato were like the top Mexican dudes there.
And say 1,000 books of stamps.
Bob, I'll take all your books of stamps.
Your girl will have the money, FedEx, within two days.
But I'll take them for $2 a piece instead of four.
Bulk discount, cash for cash.
So that margin allowed us to operate everything else.
Somebody needed money on their account, we could put it.
Somebody needed stamps, we could put it.
I would take, here's 100 books of stamps that cost me $200.
I would give it to my friends and say, here's a $300 list.