What!? 35 G's for 1 W? This guy turned $5 into $35,000 when he bought the expired Internet domain name for former President George W. Bush's presidential library and then sold it back. I assume this is best section to post? Thought I'd share this news story. Unbelievable! News Source: http://news.aol.com/article/bush-library-domain-name/312285
That's incredible. It makes me wonder what domains I can buy myself in this fashion, or what I can cleverly preempt and buy in anticipation of a big product, movie, personality, or whatever, and then sell to the entity concerned for a ridiculous fee.
That was good move on his part to acquire that domain name. I wonder how much traffic it got daily during those 2 years..