In 1938, Walter Frederick Morrisson (inventor of the flying plastic disc now known as the Frisbee®) quickly realized an opportunity to sell his discs for a profit.  Thias the Frisbee^®) quickly realized an opportunity to sell his discs for a profit.  This realization occurred when Morrison and his girlfriend were tossing a cake pan to each other on the beach in Santa Monica.  A stranger offered to pay 25 cents for Morrison’s cake pan (which only cost 5 cents). The rest, as they say, is history. Source: Los Angeles Times If you have any questions regarding the content of this communication, please contact Jonathan R. Wachs: jwachs@offitkurman.com | 301.575.0302 If you would like to subscribe to receive Friday Factoid in your inbox click here.