Daily Reckoning

Dear Reader,

Did you know most of world’s most sold and profitable products are a combination of pre-existing products?

Take the Thomas Edison’s lightbulb.

It was a combination of a heated filament, a vacuum and a glass envelope.

According to The Economist: ‘None of these things was novel in the 1870s, but in Edison’s hands the combination became a patentable invention.’

Edison built a $12 million (the equivalent of $176 million today!) fortune by the time of his death thanks in large part to this invention.

Or there’s an even simpler case…the rubber-tipped pencil.

Entrepreneur Joseph Reckendorfer bought the patent for this invention in 1858 for $100,000 (about US$3 million today).

According to The New York Times, by the 1920s, almost all pencils sold in America included erasers. Reckendorfer made a monstrous fortune.

Well, right now, there’s another ‘combination invention’ that looks like it could unleash a potential firestorm of fortunes from this practice.

It involves two pre-existing products.

But they are being combined in way that could quite literally revolutionise the way you and I move around the planet.

And you can take advantage right now by making a few moves on the Australian stock market.

Hurry though…by 31 October, this window could close.

Find out why, along with all the details, right here.

Cheers,

Callum Newman Signature

Callum Newman,
Editor, The Daily Reckoning Australia