Dealer Operations
The Crazy Moutai
When sardines nearly vanished from the Monterey waters of California, traders began bidding against each other, driving up the price per can. One buyer opened a can to enjoy, but soon felt unwell and complained to the seller, who replied, "You don't understand—these sardines aren't for eating; they're for speculation." — From Seth Klarman's 'Margin of Safety'. On October 1st, while the nation watched the National Day parade, some were glued to Tmall, where 53-degree Feitian Moutai sold out instantly at 1,499 yuan per bottle.
老庞