The Essence of Making Money Is Information Asymmetry

The essence of making money is having a premium. The so-called "twice the result with half the effort" usually refers to you running a business, investing, having your own enterprise, having your own little venture going on.

Chinese people have always lived in collectives. The core of their nature hasn't changed. Chinese people are particularly reliant on collectives, and their position within the collective is what matters most. Therefore, Chinese consumption often revolves around purchasing your status within the collective. In a collective society, the most important resource is position.

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