The Essence of Investing: Leveraging Public Consensus for Profit
Investing is essentially about exploiting the mass consensus to profit from price differences
Workers and Merchants
For salaried workers, the typical purchase is a standard residence. It's not that they dislike luxury homes—they do—but…
The Most Important Learning Skill: Mastering Productivity
Years ago, most families couldn’t afford a television set even after saving a year’s wages. But Americans could buy one…
When You Lack Resources, You Must Learn to Fake It
Life's a stage, and it all comes down to your performance. If you refuse to play anything outside your natural type, you won't get roles, and opportunities will never come your way.
Deposit Issuance and Loan Issuance
Deposit issuance means I lend you money, but I need to have it first. If Zhang San asks to borrow money to buy a house,…
County-level Power Games
No one has ever summarized the social strata of a county-level city so comprehensively — it basically explains in full why people leave their hometowns.
When the mother's side is weak, one becomes a merchant; when the father is strong, one becomes a minister; when the family line is prestigious, one stays in the hometown; when the family is poor, one ventures abroad.
Controlling Credit Card Abuse Is Essential to Avoid Criminal Liability
As shown in the case above, if you go overboard and aggressively exploit promotions without restraint, you might end up…
The Essence of Form: Displaying a Good Life
The keyword is display.
What we call success: making some money (doing something), being known,
the time before Spring Festival and National Day, because you can buy something to show off.
People at different stages pursue different kinds of success (showing off). Finding this point is the market.