Hong Kong travel agents have created a secondary market for hotel rooms, but it lacks an electronic platform. If the progress that has been made in the last decade with trading technologies is any indication, someone will jump on this soon.
Does that mean that the capital stock we will soon be selling on ourselves, backed by our future potential, someday wind up in the hands of someone we don’t even know?
Makes me wonder how long it will be until the options market opens up on people. I bet my call premiums will be tough to give away. He he.