Chapter 1417: Someone is different

Europe is arrogant, it has always been. Since the discovery of geography, Europe has been leading the world. The brothers fought against the wall and used their insults to describe them, which is actually very appropriate. Time and time again, arrogant Europeans always hope that they are the 13th best.
Two teeth fluttered on the street, the coachman held his breath, and John Bull, who used to be in the Seven Seas, must mobilize a small South American country. After learning from the pain, the Europeans decided to unite. If as a whole, no matter what angle you look at, Europe is a proper one.
The European Union and the Euro are naturally products of this kind of consciousness. I have to say that Europeans have overestimated their own strength.
One chopstick is easy to fold, but one is not easy. The truth is very superficial, but if you put this thing on people or countries, it's like a joke. Even the Germans who pay attention to teamwork are contradictory.
A country cannot be monolithic. If you put together a bunch of countries, you have to say that ideals are full.
As for reality?
You should deal with the anti-bones first, and then talk about other things. Don't think that De has made a big concession, but John Bull is still greedy. To be honest, if this alliance was smaller at the beginning, it would not be so troublesome at all now.
Avoid endless exploitation, try to be aloof, being led by the nose by the cowboy is really unacceptable. You should know that this is the result now, and you shouldn't have pinched it so badly at the beginning. The vitality that was lost in the two world wars could not be eased for decades. This is really a loss for Nima.
"Cutting interest rates, this group of bastards, if you don’t add it so outrageously before, how could it be done like this now. Then, tell the American people that I made a mistake before. The economy is not overheating, but a big one The problem."
"Old man, complaining can't solve the problem. Besides, isn't this the opportunity we are looking forward to?
It's just a pity. "Charlie Munger is very disapproving of Buffett's pretentious posture. You just didn't see William White unfortunately, and now you are a little out of balance.
Speaking of it, the luck of this guy is really not covered. Technology stocks are very popular, but oil has performed well. The biggest shortcoming of this stock, now it has the effect of fixing the sea god.
Generally speaking, no matter who you are, you will be jealous when you see that others have better luck than yourself. At the level of Buffett, it is actually the same. Having prepared so much money for bargaining, it seems to be of great use.
Damn, how much cash does this have prepared?
Don't talk about mortgages, this product still has spare capacity for additional investment.
Buffett's investment genius name, posterity brags powerfully. Actually, it's far less illusory. To put it bluntly, what the old guy likes most is sending charcoal in the snow. Of course, you say it's okay to fall into the trap.
To obtain future options at a price much lower than the market price, as long as the company does not go bankrupt, he has no chance of losing money.
What? What to do if the stock price is not strong?
It's simple. This product is usually invested in convertible bonds. You really can't support the wall. Can't you still choose cash? It's nothing more than a loss of interest. What's the big deal? Besides, Hathaway is also a listed company, and the money is not all his own.
It can be said that the old guy succeeded because he restrained his greed very well. Of course, other investment banks are also playing similar investment methods. However, when the market environment is very good, this kind of investment is somewhat out of date.
It can be said that how much money is made is when the market environment is good. But when it comes to betting specifically, it is undoubtedly appropriate when the market is about to collapse, such as now. The reason why the old guy is upset is easy to think about. He has enough chips in his hand, but the handicap he intends to bet is not open.
Well, I am showing some gaffes, but it is actually easy for me to understand.
"Well, old man, let's not say anything else, just look at his euro position, as long as there is no systemic risk, he will not worry about funds.
Also, the Thanksgiving season promotion of World Mall is very successful. Although the overall data in the United States is true, online shopping including eBay Amazon and World Mall has unexpectedly exploded again.
The only thing that makes people more puzzling now is how to dilute such a high transportation cost. In addition, after the promotion ends, what should I do if sales have dropped significantly? "
How to do? Charlie Munger couldn't figure it out. It was because he hadn't experienced it. For William White, it was a big deal. Couldn't he return to the market for promotion? In a few days, the Christmas sale will come again.
As for profit, he had long told his subordinates that there would be no demand for profit within five years. Don't lose too much, the sales performance has increased by 100% a year. Of course, if the sales performance grows very fast, then there is no fear of ridiculous losses.
It is sales data that evaluate professional managers, so you can imagine. All kinds of routines have been tinkered with, and William White was surprised to find that if he continued to toss, he might have to come up with more methods.
The so-called family is happy and the family is sad, he is very happy here, and the follow-up Wal-Mart and Good Times are a little painful. Costco is not a big problem, they are playing differentiation. Wal-Mart is in trouble. Their success is a manifestation of comprehensive strength.
Of course, Wal-Mart is not vulnerable to the challenges of new things. In this regard, the business atmosphere of the U.S. Emperor is different from that of the Big Rabbit Country. First of all, there are not many employees in warehouse-style stores. Since they are usually not in any prime locations, the rental costs of stores are also very low. As for taxes and fees, there is no difference between online and offline. You can't get away with the taxes that should be paid.
Let's put it this way, the reason why the big rabbit country is so fast on online shopping and the Internet, there is actually some luck. First of all, I will talk about taxes, but I don’t want to talk about it. This thing is the same as offline. A certain treasure is different. This product originally referred to eBay.
Well, you know, eBay mainly sells idle items. Later, some handmade products may have been added. Generally speaking, this thing is more like a thing in the community. In terms of business and operations, these were forcibly given later.
However, eBay, which is just a gadget in the United States, was changed after being demolished by Papa Ma, and it has changed so that its grandmother does not recognize it.
No nonsense, go and ask Pierre Omidyar if a certain treasure imitated eBay. Rest assured, you will definitely get a negative answer.
Therefore, simple imitation is not worthwhile. If you can't learn from Papa Ma, at the very least, you should also consider the market environment. If you copy everything, rest assured, it will definitely die worse than a pig.