Chapter 1380 Price Trap

"Warren, it is different from what we thought. If you look at World Mall as a whole, there is no problem with their profit system." Buffett was stunned. He did not doubt Charlie Munger's words, but, look With the cherry-flavored Coke in his hand, the old guy began to feel confused. I bought this from World Mall. Except for the updated production date, there seems to be no difference.

But why is this?

It’s not surprising that you are cheaper than a 24-hour store like 7-11, but how can you be cheaper than Wal-Mart?

Four and a half yuan a piece is very cheap. You know, it costs one yuan a can in the store. You can get it delivered to your door for only 3.99 yuan a piece. Man, Warren Buffett's head is a little messy.

Although there is a minimum order requirement, if it is not met, additional shipping charges may apply. However, if you can calculate it clearly, it is actually very cost-effective.

When supermarkets are brought to the Internet, the initial service targets are only for people with limited mobility. This dongdong, disguised as a charity, did not attract much attention at first, but when World Mall gradually relaxed its restrictions, problems arose.

Initially it was only a partial reduction, but later member certification was introduced. Registered members not only enjoy Costco and Wal-Mart. It should be said that most institutions hold shares of Wal-Mart, and even White Investment seems to hold a heavy position.

“Not only Coca-Cola, our analysts found that this guy’s average gross profit margin is not low, but some of the more famous brands, such as Coca-Cola and Nestlé, have chosen lower prices.

This is actually not the first time. Most warehouse stores have chosen a similar approach. In this way, the first impression given to consumers is that the prices in this store are very cheap.

Of course, if you just buy Coke, he will definitely rush to the street. "

Buffett quickly figured out that whether it is a physical store or an online store, he usually buys a bunch of things. But, why doesn’t anyone follow Mao’s example? This doesn’t seem to be difficult.

As if seeing Buffett's doubts, Charlie Munger smiled bitterly and said: "Logistics, the key problem is logistics, and they are the only ones with such capabilities.

He seized a good opportunity. Nowadays, investment banks are very cautious and no one dares to invest. I heard that Walmart’s proposal was not passed internally. "

Hearing this, Buffett was hit in the head. He has always disapproved of this world mall. I always think that this is the product of William White's helplessness.

The U.S. monopoly is actually very hidden. Almost all big brands are under the control of consortiums. The chaebols headed by Morgan Stanley took control of railway transportation.

As for Wal-Mart, as mentioned before, on the surface, it belongs to the Wal-Mart family. However, like Motorola, how many of them belong to the Galvin family?

Production, transportation, and final sales are all in the hands of the consortium. The reason why the American emperor can tolerate small Japanese brands is because through a series of means, a considerable part of the shares are actually in the hands of chaebols.

It seems that the trade deficit is huge. If you exclude American overseas companies and then remove the part they control, the deficit still exists, but it is not as outrageous as the publicly released figures.

Think about it, if there is such a big deficit, how can Yingjiang endure it?

It's impossible. The so-called trade deficit is because none of the money has come back. The United States imposes taxes globally. It doesn't matter how much money you earn or where you earn it. In the end, all of this money will be taxed.

Once the United States lacks funds, it is actually very simple. It just allows multinational companies to return funds. As long as taxes are not paid on this part of the income, currency will be scarce around the world. On the contrary, as long as the money does not come back, global inflation will be inevitable.

"No, Philson, there is no need to worry about any competitors.

We can let Amazon use it because the two parties already have cooperation. If it is terminated at this time, some people will question it.

So, if there are any new companies joining the game at this time, who am I to meet their expectations?

Hey, if someone had built a logistics system two years earlier, as of now, who do you think would be so stupid? "

Filson nodded in agreement. At his position, he would not pay too much attention to this tragicomedy scene in Silicon Valley.

In the final analysis, this is just a capital-led killing. The consortium used the advantages it had to deliberately create a panic.

There is nothing to be afraid of if you start late. Since this industry is promising for the long term, it must be carefully cleaned now. Those speculative and floating chips will be ruthlessly suppressed.

When Wall Street takes over, Silicon Valley will return to normal. Filson originally only had a vague awareness, but when William White began to buy back shares and cancel them, no institutions were shorting the White system anymore. For this reason alone, this so-called Nasdaq bubble was actually nothing more than a bubble. Very debatable.

So, what's most important now?

Funds, funds are needed to suppress the stock price, and funds are needed to absorb chips. What kind of logistics network do you ask them to invest in now? It's a joke. If they really have so much money, they might as well go buy Internet companies at the bottom.

"Boss, these damn bastards have rashly interrupted the normal development of the company. How much damage will this cause?"

William White shook his head and smiled bitterly. Now it's not about saying whether it should be done, but about when can these damn bastards achieve their goals.

"Filson, for the sake of profit, they can arrange many psychopaths around the president. For the sake of profit, the mustache can also become a partner. There are no permanent friends, only interests are eternal.

Don't worry, even if it may harm the US economy, they will not hesitate.

By the way, strictly according to our prior planning, once the stock price hits the target, we can slowly absorb it. William White pondered for a while and then said: "There is no need to deliberately guard the pressure level. Even if the stock price breaks through the level and goes down, there is no need to take any action."

Hopefully we can get our lost shares back, and try to use a charity fund account this time. "

Philson nodded and turned to leave. If it wasn't important, he didn't want to ruin his boss's vacation.

But, those words just now are only reliable if said face to face. Of course, it is also necessary to slander William White. You have no good intentions. Greed is indeed the original sin.

William White has long scorned the so-called bubble. You talk about bubbles. If there are too many bubbles, they may not be a scourge.