EricVaughan
08-27

$XIAOMI-W(01810)$ Many wealthy people in China want to be misers. For example, these Internet tycoons have tens of billions or hundreds of billions of cash in their hands. To be honest, if they leave 10 or 20 billion, their grandparents and grandchildren can't use it up. The extra money can be used to support universities and spend money on technology, like Musk and Bezos.

Lei Jun is really worthy of admiration. After becoming financially free at a young age, he started Xiaomi. Good money drives out bad money, and technology is used for good, so that most ordinary people can use smartphones.

Now he is working on Xiaomi Auto and creating a lot of jobs. It's really amazing.

On the contrary, big companies like Alibaba, Tencent, and Meituan compete with ordinary people for interests every day and exploit ordinary people's melons and two dates.

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