Pop Mart's decision-makers probably regret it!
They really shouldn't have increased Labubu's monthly production from 10 million to 50 million overnight; this move was too hasty.
They initially thought that producing more would mean more profits, but in doing so, they completely destroyed the scarcity of the IP,
probably even they didn't anticipate this consequence.
Actually, doubling the production to 20 million would have been enough,
allowing people to queue for an hour to buy,
maintaining the sense of scarcity and anticipation, while also meeting shopping demand.
Mass-produced items on the

Duan Yongping simplified Buffett's "Three Filters" into one sentence: first ask if the business is something even a fool can manage, then check if the price is low enough to sleep peacefully. At the end of 2023, he increased his holdings in Apple and reduced Tesla, not because the cars are bad, but because Musk "has too many side jobs," and he's worried Musk will bring the rocket temperament to the factory.
That same year, he set his sights on BYD, saying "Vertical integration is like Apple's ecosystem factory version," using batteries, motors, and vehicles as a single line to control costs,

Zhang Yongping's recent antics, including lengthy discussions on Snowball and a live stream with Wang Shi and his wife, made me realize things aren't simple.
Sure enough, the dust has settled.
BBK Vivo teamed up with Chery to enter Zotye, then heavily invested in Tesla, even specifically bought a Model Y and praised its autopilot.
This is quite ironic.
Not long ago, he was firmly claiming he didn't like Elon Musk, and now he's literally boosting him with real money.
What does this mean? It shows that in the trillion-dollar track, personal preferences are nothing.
The big players have a keen se

Stayed up all night, only to find that positive news is actually a negative, so boring! It seems that this kind of Fed rate cut that doesn't exceed expectations is basically equivalent to a negative, so we can think of it that way from now on.
Forget it, let's keep sending red envelopes. As long as everyone comments "Old Tang says persistence is victory" in the comment section, you'll get a token airdrop red envelope. We'll start with 1888, and if that's not enough, we'll add more to ensure everyone gets a share! Find joy in suffering, brothers. Hang in there! There is no market that will alwa