After the bell rang, the students in the classroom rushed out of the classroom like a charge. Ma Guodong and Lu Shanmin had long been accustomed to this phenomenon.
Soon, only the old professor and Lu Shanmin were left in the classroom. Zeng Yaqian went to the United States. Of course, the old professor had to answer questions in person.
In this class, the old professor focused on the bubble economy, according to the old professor. Bubble economy refers to an economic state in which the value of assets exceeds that of the real economy and the ability to sustain development is easily lost. Bubble economies are often supported by massive speculation and are essentially greedy. Due to the lack of support from the real economy, its assets are prone to bursting like bubbles, so it is called a "bubble economy" in economics. When a bubble economy develops to a certain extent, asset values will often fall rapidly due to the bursting of market expectations or myths that support speculative activities. This is called bubble bursting in economics.
Lu Shanmin did not quite understand this statement. Economic development is largely determined by the expectations of consumers or the market, and the bubble economy criticizes this expectation.
An old man and a young man were sitting in the classroom. Lu Shanmin couldn't help but asked suspiciously, "Old professor, both The Wealth of Nations and Economics have mentioned that market expectations are the compass of economic development. What about your class?" How can we say that this kind of expectation has led to the bubble economy?"
Ma Guodong said, "Expectations can be divided into real expectations and false expectations. The bubble economy is caused by these false prosperity and false expectations."
Lu Shanmin went on to say, "Everyone's needs and personal insights are different, and their expectations are naturally different. How can there be a difference between true and false?"
Seeing that Lu Shanmin's face was still confused, Ma Guodong thought for a while and said, "Let me give you an example."
"Don't you young people like to chat online now?"< /p>
Lu Shanmin shook his head, "We haven't talked before."
Ma Guodong frowned, "I almost forgot that you are a mountain villager. So, just pretend that you are like those bastards." , and also like to chat online.”
Ma Guodong continued, "Let's assume that the purpose of your online chat is to pick up girls, and then define this behavior as a corporate behavior, which is entrepreneurship. It seems that there are so many, which is called a large market potential; but There are many men, and this is called fierce competition; you decide to attract the attention of beautiful women, this is called positioning; you say you are handsome and rich, this is called hype; you ask "Who wants to chat with me", this is called advertising; you ask again "Are there any beauties?" This is called market research; if 500 people answer "I am a beauty" at the same time, this is called "bubble economy"
Lu Shanmin nodded thoughtfully, " What you mean is that the market has deceived the company."
"Yes, if the company believes this lie, blindly expands, and finally finds out that there are not so many customers, it will go bankrupt. This is a bubble burst."
Lu Shanmin nodded. The old professor’s easy-to-understand explanation was much easier to understand than the definition.
During this period, Lu Shanmin gradually felt Wang Dahu's original worry. After all, he had twenty or thirty people eating with him. If Luo Xing and Hu Weiyong one day wanted to gain greater interests or received a big enough threat, they could terminate the contract at any time. , by then it will be a trivial matter whether you can eat or not. The dozens of people under you trust yourself so much, how can you be responsible for them then.
Thinking of this, Lu Shanmin asked again, "Old professor, there is an old saying in economics, don't put your eggs in the same basket, but at the same time, you mentioned in the last class that a company If you are involved in too many areas, you will inevitably have limited energy, and it will be easy to have too many things but lose your core competitiveness. As a company, is it better to diversify your development, or to only specialize in one field?"
Ma Guodong smiled with satisfaction and said, "This is a good question. After the last class, you were the only one who asked it. It seems that you have indeed thought about this question."
"I ask you, what is the first priority in life?"
Lu Shanmin answered "survival" without hesitation.
"Yes, only when people first meet the conditions for survival can they think about their ideals and aspirations, and only then can they think about the universe and life."
"The same is true for enterprises. The first thing is to survive. Only in the future can we talk about diversification and specificity. Looking at those successful companies, in the initial stage, some relied on the support of diversification to survive and develop, so there is no such thing as who is right or wrong. It is said that if you are not indispensable in the industry, you should consider diversification to prevent being defeated by competitors at any time. If you are absolutely irreplaceable in the industry, there is no need to waste human and financial resources to invest in something you are not familiar with. industry, we just need to continue to lead.”
Lu Shanmin suddenly realized and strengthened his inner thoughts. There were only three bars on Minsheng West Road, and his business was blocked by Hu Weiyong and Luo Xing. Especially the recent incident made Lu Shanmin A deep sense of crisis arose. As a group of small security guards, Lu Shanmin clearly knows that his value is limited. Even if there is no competition between two tigers on Minsheng West Road, he is not completely irreplaceable. As long as the external pressure and interests are strong enough, there is a danger of being abandoned at any time. Luo Xing's standing aside is the best example. What's more, she promised Zeng Yaqian that she would fight side by side with her in three years. Now, almost half a year has passed. Yaqian has been working hard, and she should not be content with the status quo.
Lu Shanmin thought for a moment, and then asked with some lack of confidence, "Old professor, if I want to set up a company, do you think it is feasible?"
Ma Guodong was stunned for a moment, first surprised, and then He was a little surprised again, and asked with a smile, "I feel enlightened. Is it because I saw Yaqian setting up a company and wanted to catch up?"
Lu Shanmin touched his head embarrassedly, "Not entirely, but old professor, how did you know that Yaqian established a company?"
Ma Guodong chuckled, "I am whoA well-known economist in the East China Sea, if you want to set up a company, of course you have to come to me to learn from me. You two really have a good understanding and are very discerning. You know how to ask me, this old man."
Lu Shanmin He smiled awkwardly and said, "I just have an idea. I don't know anything about the company yet."
Ma Guodong curled his lips and said, "When you first entered this class, you didn't know anything about it." Even though Adam Smith was written like a duck's egg and dead rice, he has learned well now and has surpassed many other students. Don't worry, it's not difficult, it's easier than studying economics."
Lu Shanmin looked at the old professor in surprise, "Really?"
Ma Guodong chuckled, "When did I lie? "It's better than you," he said, stroking his gray beard, "The ultimate goal of learning is to use it, and then confirm what you have learned in practice, and then you can create something new. We economists, to put it bluntly, are just armchair observers. The word "expert" is unfair and inappropriate."
Lu Shanmin smiled happily, "So you are Support me."
"Of course, it is useless to read more economic books. If you don't try to break into the tide of market economy, what you say is empty talk. I hate those self-righteous guys the most. He has never been in business or politics, yet he still talks eloquently, thinks he can save the world after writing a few papers, goes around as a consultant, and thinks he is so great. This is pure nonsense."
Lu Shanmin giggled. , I thought, you are not the same person, but I didn't say it out loud.
Ma Guodong frowned, "What kind of smile are you making, making fun of me like them?"
"Haha, I don't dare."
Ma Guodong knocked Lu Shanmin on the head, "I think you are brave."
"What company are you planning to set up?"
Lu Shanmin shook his head, "I just had this idea suddenly, and I didn't plan carefully."
Ma Guodong nodded, "It's true to plan carefully, but many things are worse than doing them. Many people think about it and forget about it."
Lu Shanmin smiled and nodded, "I will start after I finish handling some of the current things. I think it won't take long."< /p>
Ma Guodong nodded, "That's good. Just do it as soon as you think about it. Don't think too much."
Lu Shanmin was about to leave, and then thought about it. He turned around and asked, "Professor Ma, what is the Internet?"
Ma Guodong smiled slyly, "You damn duck has a tough mouth, I miss Yaqian."
Lu Shanmin touched it embarrassedly Touching his head, "I just want to know something."
Ma Guodong said earnestly, "Mountain people, there are many things in this world that need to be touched in person. Don't look at those bastards who don't do their jobs and spend all day chatting and playing games online. Reading novels is actually another form of society. If you don’t even know how to use a computer, how can you know about the Internet?"
Lu Shanmin was stunned, "You mean you want me to go there?Chatting and playing games online like them."
Ma Guodong glared at Lu Shanmin fiercely, "Who told you to do such a useless thing? If you chat and play games online every day, you're going to get fucked up. In this university, aren't you just like those degenerate bastards? I want you to understand. It's not impossible to play a few games occasionally, but you have to go with the mentality of understanding, not just to play games. And play games."
"Oh, is this just like a market economy? When there are more people playing games, a market will be formed. As a company, in order to make profits, you should understand this market." .
Ma Guodong nodded, "That's the reason. Of course, as a person, you should also understand what's going on with others." Huzi chuckled and said, "Actually, I didn't understand how those bastards could be so obsessed with those nihilistic games. I also played a few Fantasy Westward Journeys a few days ago. Hey, don't mention it, it's really enjoyable." p>
After the bell rang, the students in the classroom rushed out of the classroom like a charge. Ma Guodong and Lu Shanmin had long been accustomed to this phenomenon.
Soon, only the students in the classroom were left. The old professor and Lu Shanmin went to the United States, and of course it was the old professor who answered the questions.
In this class, the old professor focused on the bubble economy. , refers to an economic state in which the value of assets exceeds that of the real economy and the ability to sustain development is easily lost. The bubble economy is often supported by a large number of speculative activities, and its essence is greed. Due to the lack of support from the real economy, its assets are prone to bursting like bubbles. It is called "bubble economy" in science. When the bubble economy develops to a certain extent, it will often cause the value of assets to fall rapidly due to the bursting of market expectations or myths that support speculative activities. This is called bubble bursting in economics.
Lu Shanmin did not quite understand this statement. Economic development is largely determined by the expectations of consumers or the market, and the bubble economy criticizes this expectation.
An old man and a young man were sitting in the classroom. Lu Shanmin couldn't help but asked suspiciously, "Old professor, both The Wealth of Nations and Economics have mentioned that market expectations are the compass of economic development. Why do you say this again in this class?" This kind of expectation leads to the bubble economy."
Ma Guodong said, "Expectations can also be divided into real expectations and false expectations. The bubble economy is caused by these false prosperity and false expectations."
Lu Shanmin went on to say, "Everyone's needs and personal insights are different, and their expectations are naturally different. How can there be a difference between true and false?"
Seeing that Lu Shanmin's face was still blank, Ma Guodong thought for a while and said, "Let me give you an example."
"Don't you young people like to chat online now?"
Lu Shanmin shook his head, "No chatting." "I passed"
Ma Guodong frowned, "I almost forgot that you are a mountain villager., let’s just pretend that you are like those bastards and like to chat online.”
Ma Guodong then said, “Let’s assume that the purpose of your online chat is to pick up girls, and then define this behavior as a Corporate behavior is entrepreneurship. When you look up, there are so many, which is called huge market potential; but there are also many men, which is called fierce competition; if you decide to attract the attention of beautiful women, this is called positioning; if you say that you are handsome and rich, this is called hype; if you ask, "Who "Want to chat with me", this is called advertising; you ask "Are there any beautiful women?", this is called market research; if 500 people answer "I am a beautiful woman" at the same time, this is called "bubble economy".
Lu Shanmin nodded thoughtfully, "You mean, the market has deceived the company."
"Yes, if a company believes this lie, blindly expands, and finally finds out that there are not so many customers, it will go bankrupt. This is a bubble burst."
Lu Shanmin nodded. The old professor’s easy-to-understand explanation was much easier to understand than the definition.
During this period, Lu Shanmin gradually felt Wang Dahu's original worry. After all, he had twenty or thirty people eating with him. If one day Luo Xing and Hu Weiyong acted for greater interests or were threatened enough, , it is entirely possible to terminate the contract at any time. Whether he will be able to eat or not will be a trivial matter at that time. Dozens of people under him trust him so much, how will he be responsible for them at that time.
Thinking of this, Lu Shanmin asked again, "Old professor, there is an old saying in economics, don't put your eggs in the same basket, but at the same time, you mentioned in the last class that a company If you are involved in too many areas, you will inevitably have limited energy, and it will be easy to have too many things but lose your core competitiveness. As a company, is it better to diversify your development, or to only specialize in one field?"
Ma Guodong smiled with satisfaction and said, "This is a good question. After the last class, you were the only one who asked it. It seems that you have indeed thought about this question."
"I ask you, what is the first priority in life?"
Lu Shanmin answered "survival" without hesitation.
"Yes, only when people first meet the conditions for survival can they think about their ideals and aspirations, and only then can they think about the universe and life."
"The same is true for enterprises. The first thing is to survive. Only in the future can we talk about diversification and specificity. Looking at those successful companies, in the initial stage, some relied on the support of diversification to survive and develop, so there is no such thing as who is right or wrong. It is said that if you are not indispensable in the industry, you should consider diversification to prevent being defeated by competitors at any time. If you are absolutely irreplaceable in the industry, there is no need to waste human and financial resources to invest in something you are not familiar with. industry, we just need to continue to lead.”
Lu Shanmin suddenly realized and strengthened his inner thoughts. There were only three bars on Minsheng West Road, and his business was blocked by Hu Weiyong and Luo Xing. Especially the recent incident made Lu Shanmin A deep crisis has arisenfeel. As a group of small security guards, Lu Shanmin clearly knows that his value is limited. Even if there is no competition between two tigers on Minsheng West Road, he is not completely irreplaceable. As long as the external pressure and interests are strong enough, there is a danger of being abandoned at any time. Luo Xing's standing aside is the best example. What's more, she promised Zeng Yaqian that she would fight side by side with her in three years. Now, almost half a year has passed. Yaqian has been working hard, and she should not be content with the status quo.
Lu Shanmin thought for a moment, and then asked with some lack of confidence, "Old professor, if I want to set up a company, do you think it is feasible?"
Ma Guodong was stunned for a moment, first surprised, and then He was a little surprised again, and asked with a smile, "I feel enlightened. Is it because I saw Yaqian setting up a company and wanted to catch up?"
Lu Shanmin touched his head embarrassedly, "Not entirely, but old professor, how did you know that Yaqian established a company?"
Ma Guodong chuckled, "I am A well-known economist in the East China Sea, if you want to set up a company, of course you have to come to me to learn from me. You two really have a good understanding and are very discerning. You know how to ask me, this old man."
Lu Shanmin smiled awkwardly, "I just have an idea. I don't know anything about the company yet."
Ma Guodong curled his lips and said, "When you first entered this class, you still wrote that Adam Smith was a fool. Now you have learned well and surpassed many other students. Don't worry. Well, it’s not difficult, it’s easier than studying economics.”
Lu Shanmin looked at the old professor in surprise, "Is it true?"
Ma Guodong chuckled, "When did I lie to you?" He said, stroking his gray beard, " The ultimate goal of learning is to apply what we have learned in practice, and then we can create new ideas. To put it bluntly, we economists are just armchair observers. The term "expert" is unfair and unjust. ".
Lu Shanmin smiled happily, "So you support me."
"Of course, reading many economic books is useless unless you are caught up in the tide of market economy." Go out and try it out, all they say is empty talk. I hate those self-righteous guys the most. They have never been in business or politics, and they still talk eloquently. They think they can save the world after writing a few papers, and they go around making blind advisors and pretend to be It’s just nonsense to think it’s so great.”
Lu Shanmin chuckled and thought, aren’t you the same person, but he didn’t say it out loud.
Ma Guodong frowned, "What kind of smile are you talking about? You are making fun of me for being like them."
"Haha, I don't dare."
Ma Guodong knocked Lu Shanmin on the head and said, "I think you are very bold."
"What company are you planning to set up?"
Lu Shanmin shook his head, "I just had this idea suddenly, and I didn't plan it carefully."
Ma Guodong nodded, "Careful planning is correct, butThere are many things that it is better to do more than to think about. Many people stop thinking about it after thinking about it."
Lu Shanmin smiled and nodded, "I will start after I finish handling some of the current things. I think I should It won’t be too long."
Ma Guodong nodded, "That’s good, just work hard and then lose it three times. Just do it if you think of it, don’t think too much."
Lu Shanminzheng When he was about to leave, he thought for a moment and then turned around and asked, "Professor Ma, what is the Internet?"
Ma Guodong smiled slyly, "You have a tough mouth, I miss Yaqian."
Lu Shanmin touched his head in embarrassment, "I just want to know something."
Ma Guodong said earnestly, "Mountain people, there are many things in this world that need to be touched personally. Don't look at those bastards who are not doing their jobs properly." , chatting online all day long, playing games and reading novels. In fact, that is another social form. If you don’t even know how to use a computer, how can you know about the Internet?"
Lu Shanmin was stunned, "What do you mean? You want me to chat and play games online like them."
Ma Guodong glared at Lu Shanmin fiercely, "Who told you to do such a useless thing? Why not chat and play games online every day? Are you just like those degenerate bastards? I want you to understand. It’s not impossible to play a few games occasionally, but you have to do it with an understanding attitude, not Playing games for the sake of playing games."
"Oh, is this just like a market economy? When there are more people playing games, a market will be formed. As a business, in order to make profits, it should go Understand this market."
Ma Guodong nodded, "That's the reason, of course, because as a person, you should also understand what other people are doing."
Said He stroked his beard and said with a smile, "Actually, I didn't understand how those bastards could be so obsessed with those nihilistic games. I also played a few Fantasy Westward Journeys a few days ago. Hehe, don't mention it, it's really enjoyable. ".