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Poor People Help Goldman Sachs Alum Sleep At Night

When Dan Weissman worked at Goldman Sachs Group Inc. and, later, at a hedge fund, he didn’t have to worry about methamphetamine addicts chasing his employees with metal pipes. Or SWAT teams barging into his workplace looking for arsonists. Both things have happened since he left Wall Street and bought five mobile home parks: four in Texas and one in Indiana. Yet he says he’s never been so relaxed in his life, Bloomberg Markets magazine will report in its May issue. Weissman, a University of Michigan economics graduate, attributes his newfound calm to the supply-demand equation in the trailer park industry. With more of the U.S. middle class sliding into poverty and many towns banning new trailer parks, enterprising owners are getting rich renting the concrete pads and surrounding dirt on which residents park their homes. “The greatest part of the business is that we go to sleep at night not ever worrying about demand for our product,” Weissman, 34, says. “It’s the best decision I’ve ever made.” [Bloomberg]

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8 Responses to “Poor People Help Goldman Sachs Alum Sleep At Night”

  1. Guest says:

    “The greatest part of the business is that we go to sleep at night not ever worrying about demand for our product”.

    My man!

    -Your neighborhood pimp cum drug dealer

    • Ablative Plural says:

      +1 for the comment, with another to cum if you can confirm that you don't know the Latin word for 'with'.

  2. Len Dykstra says:

    Moving into a trailer park was my greatest decision, too! Simplify, simplify, simplify!

  3. Never say never says:

    Last time I was in the sky lobby I saw some tweakers in line for sushi

  4. Red says:

    This is exploitation of the poor. The sheer amount of greed is just shocking.

  5. Shaquille says:

    Exactly the kind of comments I would expect from Dan Weissman, a University of Michigan graduate.

    "The Harvard of Detroit"

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