During the California Gold Rush, Samuel Brannan capitalized on the gold discovery by buying up all the picks, shovels, and pans he could find, then reselling them at a significant profit.
He purchased pans for 20 cents each and resold them for $15 each, making $36,000 in nine weeks
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hot_mocha_decaf
in reply to Carlos Solís • • •During the California Gold Rush, Samuel Brannan capitalized on the gold discovery by buying up all the picks, shovels, and pans he could find, then reselling them at a significant profit.
en.wikipedia.org/wiki/Samuel_Brannan
Samuel Brannan - Wikipedia
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