Profit
From CaseyPedia
Profit can be strictly defined as any increase in wealth from an investment. The concept of profit is one that has largely eluded Casey Serin since he quit his last looser job in early 2006. Serin flirted with an actual profit on the sale of his first condominium, through no skill of his own --
- The condominium itself was purchased with help from his parents, who likely wanted him out of the house as soon as possible.
- The real estate market was "heating up" during the time Serin owned the condo (2002 to 2003).
In any event, Serin initially made an alleged profit of roughly $30,000 on the sale, which he promptly spent on various guru seminars. Recent analysis of Serin's business model has produced an overwhelming consensus that perhaps Serin is, in fact, allergic to profit:
- Lost Cause: "The kid is absolutely allergic to money, or success of any kind. All of the traffic that he would get from CNet, gone... I exclaim, 'What a hapless, pathetic looser!'"[1]
