The stupid woman at Baidu resigned, which made me feel very good today. Before going to bed, I will share some hard-core world truths with my brothers and sisters:
1. The entire human business world runs on "debt". The cash in our hands and the balance in our bank cards are just an IOU issued by the country.
2. The so-called finance is essentially a debt instrument. The support system of debt is "credit rating", and Internet finance is just to optimize the efficiency of establishing, reading and allocating funds for the "credit rating" system.
3. Friends who don't usually do business with big banks can feel their credit rating through the "Didi" software. Let me give you an example. My consumer loan limit on Didi is 1.2 million, because Didi knows my daily commuting time and place, as well as all my taxi records when I travel to different cities. Big data will build a portrait for me and conduct risk assessment.
4. I don't agree with Jack Ma's criticism of the banking system. The logic of small loans such as Huabei and Jiebei is completely different from the large funds of banks to help companies grow. China's banking system is generally very efficient in controlling water flow. Don't let the eye-catching self-media make you question the work of the smartest group of financial masters in this country.
5. The business world does not distinguish between web2 and web3. In the final analysis, it is all business. The underlying logic of "buy low and sell high" has never changed. How to reduce costs? How to increase profits? It's all the same stuff. There is nothing new under the sun.
6. Don't be misled by the concepts of A9 and A10 proposed by this circle. This is the idea of "dead people". The level of wealth of a person is never measured by the amount of cash lying on the bank card. Cash is a soldier. As a general, you have to learn how to make every dollar fight for you, even with leverage. I never have more than 300,000 balances in my bank card. I just need to ensure that my wife and I don't starve to death. The rest of the money is in the funds and enterprises behind my incubator @caesar_eon, which efficiently buys and sells assets, and produces, sells, and fulfills products and services.
7. I always say that cash capital is the cheapest capital, because good projects can never lack money. The truly scarce resources in human society are: talent, information, land, influence, and computing power.These resources can be converted into cash at any time, but cash cannot buy these non-saleable items most of the time. If you have to use money to measure a person's energy, the maximum amount of funds he can move and control is the only standard.
8. Everyone has three wallets. The first is the money in your wallet, the second is the money in other people's wallets that you can influence, and the third is the money that others think you have in your wallet. Money is for others to see, not for people to spend.
9. When you can correctly understand the discount relationship between short-term cash flow and long-term cash flow, can complete the exchange between scarce resources and cash of the enterprise at any time, and can use the financial system to open the maximum leverage at a critical time, you are the cash king of a city. And all the core information of this city will flow to you. All large-scale business negotiations require you to preside over the work, and you will have the highest ecological niche.
10. Almost all entrepreneurs do not have the ability to truly control cash, so most of the projects supported by my incubator @caesar_eon will not directly pay the promised cash to the other party in one go, but give them a total quota. Founders can consume in my ecosystem and let me reimburse them at any time when they have no money. Because in their hands, money will only lie in the account and gather dust, but in my hands, I can make cash and other scarce business resources react chemically and play a beautiful symphony.
11. Most of the top financial masters died of overconfidence. I saw him build a high building, I saw him entertain guests, and I saw his building collapse. Just like me covered with cigar ash, it was all castles in the air, and finally I was labeled a "charlatan".