The USPS is planning a rare, above-inflation postage stamp price-hike on Jan 26, 2014; and they're also selling "forever-stamps" that can be used at any time. Allison Schrager and Ritchie King show how these two facts in combination offer a significant arbitrage opportunity, and set out a plan to buy 10 million stamps at $0.46 and sell them at $0.48, netting $200,000 in profit, at 4.3 percent.
It's pretty thoroughly thought-through, with a detailed finance and distribution plan. I'd love to see them try it.
Our plan is to buy 10 million stamps at $0.46 each and sell them at $0.48. The margins, of course, are small. If we buy 10 million stamps, spending $4.6 million, we’ll earn $200,000—a 4.3% profit.
The good news is that you can buy up to 1 million stamps in a single order from the USPS, and pay a mere $1.75 in shipping (shipping is their business, after all).
A step-by-step guide to profiting off a 3-cent hike on US postage stamps [Allison Schrager and Ritchie King/Quartz]
Matthew Borgatti, purveyor of such Boing Boing favorites as the Guy Fawkes Bandanna, the War Boy Bandanna, and the Lockpick Earrings, offers you your choice of his wares at at 20% discount, with the coupon code “jackhammerjill.”
Boing Boing readers already know about MakieLab, the startup where my friends and I make 3D printed, customizable dolls called Makies.
Sgt Crispy writes, “XKCD creator Randall Munroe, has made a spiffy little hoverboard game. Looks to be small, however, when you realize that boundaries are made to be broken, A massive world opens up to be explored.”
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