Buying lots of worthless items and in coincidence, said worthless item goes up in value and demand, making you a profit. This phrase is named after Timothy Dexter, who was known for being stupid and taking bad advice to buy or send
useless items that was meant to make him poor, but ended up making him a profit due to coincidence of high demand. This phrase comes from Sam
O’Nellas Academy where he said “demands went way up, dexters laughing.” video on Timothy Dexter when describing the event where he bought lots of whale
bone and then coincidentally,
mean wearing corsets became a big thing in
France, therefore causing him to get a huge profit.
Person 1: “I just bought a bunch of Blockbuster gift cards for pennies and in a
dumb found if
luck, shortly after, Blockbuster gift cards went up in value.”
Person 2: “
Dexter’s Laughing”