Heh, the high priests of the Law of One Price will not be pleased...
So, in consideration of the above arb situation you have discovered and your subsequent reminder of USD/SGD's likely development, I guess what we should do is: Buy/contract all the Fisherman's Friends we can from Cold Storage and Guardian now in SGD while pushing for payment settlement in 3 months time, and set up discreet scalper's stands outside 7-11 stores hawking our FFs at just under SGD2.90, and accepting only USD in payment.
No point arbing the FF spread and then losing it on the currency slide. :)
2 comments:
Heh, the high priests of the Law of One Price will not be pleased...
So, in consideration of the above arb situation you have discovered and your subsequent reminder of USD/SGD's likely development, I guess what we should do is:
Buy/contract all the Fisherman's Friends we can from Cold Storage and Guardian now in SGD while pushing for payment settlement in 3 months time, and set up discreet scalper's stands outside 7-11 stores hawking our FFs at just under SGD2.90, and accepting only USD in payment.
No point arbing the FF spread and then losing it on the currency slide.
:)
I can't believe how this kind of price gap can actually happen in this day and age of the internet.
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