> Purchasing something and reselling it later for a higher price is not arbi... | Hacker News

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		chrisaycock on Dec 28, 2011 \| parent \| context \| favorite \| on: Adventures in Aeron Chair Arbitrage > Purchasing something and reselling it later for a higher price is not arbitrage. Correct. It's called, "market making".

gte910h on Dec 28, 2011 [–]

No, having fixed prices with a spread is market making. Taking other peoples offers is not market making.

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