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Suppose you had a side hustle catching snails on the weekend and delivering them to a restaurant catering to French tourists. You’d love to get some sense each Saturday of how many tourists are likely to arrive over the next week so you know how much time to spend snailing. 🐌 1/
You’re in luck: It turns out that there’s an arcane organization (the Coalition of Bakery Oven Examiners, or CBOE) who publish just such a forecast, called the FIX (i.e., the “French visitors IndeX”). Their forecast isn’t perfect, but it’s on their website so 🤷♂️. 2/
What does this have to do with baking? Who knows and who cares?! You’ve got your forecast and it helps you with your snailing.
But then you get an idea for a new side hustle. The French go on vacation in August. The FIX will go up then. You can predict it in advance! 💰 3/
But then you get an idea for a new side hustle. The French go on vacation in August. The FIX will go up then. You can predict it in advance! 💰 3/
