Comments by "Immudzen" (@Immudzen) on "Zillow losing money on home flipping: good" video.

  1. About the only time I am okay with losing money is when the money is lost investing into something. If you have to build a new factory to make something then I expect that to be a large cost but your products should be sold such that it can make money. I see the same thing with tiny startups for research into new types of medicines. It is a bunch of engineers and scientists trying to make a medicine based on research they have done but they are absolutely planning to make money from it once it works. This idea of losing money on every transaction and making it up on volume is insane to me.
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