Definition
A property or deal with unlimited upside potential and minimal apparent risk—usually too good to be true and named after the empty optimism of staring at a cloudless sky. It's what every syndicator claims they're offering before the inevitable thunderstorm.
Example Usage
The pitch deck called it a 'blue-sky opportunity' with 30% IRR projections, which should have been my first red flag that they were selling dreams, not real estate.
Origin
Investment terminology, related to 'blue-sky laws' regulating securities sales
Fun Fact
The term 'blue-sky' originally referred to fraudulent investment schemes with 'no more basis than so many feet of blue sky,' according to early 20th-century banking commissioners.
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See “blue-sky opportunity” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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sitting in my chair laughing...