• 14 Apr 2014 at 1:40 PM

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]

8 comments (hidden to protect delicate sensibilities)
Show all comments ↓

Comments (8)

  1. Posted by Guest | April 14, 2014 at 1:51 PM

    “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

  2. Posted by Len Dykstra | April 14, 2014 at 1:58 PM

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

  3. Posted by Never say never | April 14, 2014 at 2:02 PM

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

  4. Posted by Red | April 14, 2014 at 3:30 PM

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

  5. Posted by Ablative Plural | April 14, 2014 at 4:22 PM

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

  6. Posted by Shaquille | April 14, 2014 at 5:19 PM

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

    "The Harvard of Detroit"

  7. Posted by TheodoreBallgamePhD | April 15, 2014 at 9:54 AM

    Be funnier. Or have you been blackballed at HuffPo?

  8. Posted by Guest | April 15, 2014 at 12:07 PM

    Nigga, please.