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During the Gold Rush, most would-be miners lost money, but people who sold them picks, shovels, tents and blue-jeans (Levi Strauss) made a nice profit.

Peter Lynch (2012). “One Up On Wall Street: How To Use What You Already Know To Make Money In”, p.14, Simon and Schuster
During the Gold Rush, most would-be miners lost money, but people who sold them picks, shovels, tents and blue-jeans (Levi Strauss) made a nice profit.