Dajia Picks

Money is a resource. If you’re only looking to splurge and live lavishly, no one cares about the little you hoard. But if you want to snowball your wealth and grow it fast enough, you’ll inevitably cross a line — you’ll grow big enough to matter. And when that happens, someone will come after you. In other words, when money is small, it’s yours. When it gets big, it effectively isn’t.

You can never use that much money anyway. So what good does it do to aggressively scrape it all together?

There's only one answer: when you break down the entire industry system, you find that some things are more cost-effective for you to do than for them to do.

For example, setting up a breakfast stall — hotels and restaurants doing it is not cost-effective compared to individual operators. Do you really think hotels and restaurants don't know how to fry dough sticks or grill skewers? They can, but due to various reasons, it's not worth their while to do so.