Word of the day….Geoarbitrage

Alt Lifehack

Geoarbitrage is a concept popularized by Tim Ferriss, author of the New York Times bestseller The Four Hour Workweek. Arbitrage is a well understood financial concept where disparities between markets are leveraged to generate or broker a return. While securities in one market might carry a premium they could be obtained at a discount in another market where supply has driven the value down (usually for just a short time). Geoarbitrage builds on this concept and incorporates the notion that labor on an international scale has its own disparities that can be leveraged to increase the return on our time. Geoarbitrage is an art with the single purpose of outsourcing ones personal and business life to markets where labor is at a discount and thus freeing up the time of the busy professional or entrepreneur to focus on the highest and best use of their time, whether that be for…

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