#168 - How to Reverse Engineer Businesses, The Indonesian King of Coal & the Story of Adida‪s‬

This Chinese Indonesian guy. What's a politician? No, he was the guy he was the middleman. So what he realized was Um, because I was like, Okay, cool, we have this coal. What do we do with it? He's like, Oh, we just sell it immediately. As soon as we sign the paper, we have the coal, we sell it to Exxon. And I'm like, oh okay, so how does that work? He's like, Well, I bought all this coal for two million and then we like I bought all the coal for two million.

And then we b sell it in blocks for twenty million each. I'm like, Well that's like four hundred, five hundred million. How are we gonna we're turning two million into five hundred million? He's like, Yeah. I'm like, Well w that's amazing. Like Why didn't Exxon why don't they just go in directly by this?

I feel like I can rule the world, I know I can be what I want to I'm putting my all in it like my day's off. On the roadless travel, never looking back. I just got vaccinated. Um Uh that's pretty cool. I got a new toy. Do you wanna see it? Yeah.

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