This is Optimal Living Daily Episode 1075 Monday Masterclass. How to use time arbitrage to maximize

your productivity profit by Kellnouportofk Kellnouport.com and I'm Justin Mollick, your personal narrator,

and the guy that reads to you every single day of the year including holidays,

kind of like an ongoing audiobook but free. Now the title of this post may be a little intimidating

and kind of was for me but don't worry about it. Take a listen. He starts off by talking about

what arbitrage is and then goes from there. I think you'll enjoy it so with that let's get

right to it as we optimize your life. Monday Masterclass. How to use time arbitrage to maximize

your productivity profit by Kellnouportofk Kellnouport.com. The Wonders of Arbitrage. In this article I

explain how to apply the well-known concept of arbitrage to the hours in your daily schedule

by taking advantage of the different values of these hours to different types of work you can

use time arbitrage to maximize your productivity profit which describes the value extract from the day

in terms of both work accomplished and relaxation achieved. We are at our best when we balance both.

Arbitrage Basics. Arbitrage is a simple concept. In finance it describes the simultaneous

purchase and sale of assets that generates a profit due to a difference in price. For example

let's say that at this moment my most recent book costs $10 in hand over because Dartmouth

students are all brilliant and the advice is generally not needed. In Cambridge however it costs

$20 because Harvard students need all that help taking yet. If I put phones up to both years and

buy 100 copies from the Dartmouth group while selling 100 copies to the Harvard group I've just made

myself a tidy $1,000 profit. Arbitrage beyond money. The concept of arbitrage can be extended beyond

finance. For example, Geo Arbitrage. Tim Ferriss has been recently promoting the concept of Geo Arbitrage.

The basic idea? Consider a task like doing research for freelance article that requires five hours.

If you're being paid $1,000 for the article and it takes 10 hours total to finish then the task

...