Mango scam

If you understand it, you will understand finance

This is a true story that happened to a businessman

There is a village where people don't like to eat mangoes. Now you have a lot of mangoes to sell to them. What will you do?

Now let me tell you how the insidious businessman set up the scam

The businessman goes to the village every day and shouts who has mangoes, I want to buy a lot

The businessman deliberately creates demand, which is called creating something out of nothing in business thinking.

The businessman goes to buy mangoes every day. The purchase price is different every day. On the first day, the purchase price is 10 yuan. The villagers don't know whether it is true or not, so they try to give a mango

The businessman really gave 10 yuan, so the whole village started to look for mangoes. The businessman started the price of one yuan every day, 11 yuan on the second day, 13 yuan on the third day, and 14 yuan on the fourth day, and it only increased by one yuan every day.

In business thinking, this is called inertial thinking

On the fifth day, the villagers will have inertial thinking, and then someone will rush to buy all the 14 yuan mangoes in front of you and want to sell them to you at 15 yuan on the sixth day to earn a difference of one yuan

In the market economy, you want this kind of people, and you must let this kind of people make money

Because once someone in the village makes money by reselling mangoes, a bunch of people will follow suit. In business thinking, this is called throwing a brick to attract jade.

The merchant went back to the city for something that day, and his assistant said to the villagers, I will secretly sell all the mangoes of the boss to you at a price of ten yuan. When the merchant comes back, you can sell them to the merchant at a price of fifteen yuan, and you will get rich.

The villagers went crazy and sold all their pots and irons to raise enough money to buy all the mangoes back.

The assistant left with the money, and the merchant never came back.

The villagers waited for a long time, and they firmly believed that the merchant would come back to buy their mangoes for fifteen yuan.

Finally, someone couldn't wait any longer, after all, mangoes would go bad if they were not eaten.

So they sold them to the merchant in the next town at a price of three yuan.

In fact, the merchant in the next town was also the insidious merchant.

So he now has cheaper chips.

The story is here. Do you feel familiar, because this is our common stock market. The merchant is the dealer, the mango is the stock, the assistant is the insider information, and the villagers are retail investors.

This is why the stock market will go up all the way, and then you will naturally be trapped. What they play with is human nature and greed.