The Premium Charge does not stop the smartest operators making money, though.
Some smart operators were angling to buy the Red Sox, one of the great franchises in American sports.
"There are a lot of smart operators out there now, and the competition for clientele is fierce.
Smart operators would get there early, write a cheque for the property, then sell the receipt to another "investor" at the back of the queue for a 10% mark-up.
Cannily (as I thought - alcoholics love to think of themselves as smart operators), I ensured that the bulk of my lectures, tutorials and seminars were in the hungover but clear-headed morning - before the dangerous fog of the lunch session descended on the world.
You want to cohabit with smart operators.
When you can borrow capital with a minimal risk premium, smart operators plunge in.
Smart operators hedge positions by buying out of the money puts.
Smart operators hedge out positions buying out of the money puts.
When banking has been repaired, the spotlight will shift to restructuring, as smart operators move in to redeploy assets.
