There are rumors that a new prohibition order has come out. Many friends asked me, I don’t know if there is a new prohibition order, and I don’t think this is particularly important. The most important and basic thing for liquor is channel inventory, anti-corruption. Whether it is economic slowdown or consumption decline, all are external causes. The internal cause is that the price increase cycle leads to a rising cycle of white wine, which makes a large number of channel inventories. Because liquor is easy to store and storage will gain regularity under the action of hoarding profits. There is a large amount of channel inventory in the rising cycle, and these channel inventories do not accumulate during the rising cycle. When the accumulation reaches a certain level, with the emergence of an external factor, the channel inventory will turn from hoarding to selling, triggering a serious liquor cycle. Therefore, the core of the entire liquor cycle is the channel inventory cycle and price cycle. It is particularly important to make it clear here, for liquor. The economic recession of anti-corruption and alcohol restrictions is all external factors. The internal factor is that the interaction between price and channel inventory strengthens each other until an inflection point occurs under the influence of an external factor. Therefore, instead of examining the so-called anti-corruption and prohibition of alcohol, it is better to return to the examination of channel inventory and the examination of the price cycle. I wrote an article before. It was too late at night and I couldn’t find it. Tomorrow I will find out and post that article, and I will explain this principle thoroughly. As long as the channel inventory cycle has been hoarded in large quantities, it will break out sooner or later, and there is only one external condition missing. Now, according to my theoretical model, the channel inventory can be triggered by external factors at any time to trigger a big cycle. There are 54 discussions on this topic in Snowball, click to view. Snowball is an investor’s social network, and smart investors are here. Click to download Snowball mobile client http://xueqiu.com/xz]]>

There are rumors that a new prohibition order has come out. Many friends have asked me, I don’t know if there is a new prohibition order, and I don’t think this is particularly important. The most important and basic thing for baijiu is the channel inventory and anti-corruption. Whether it is economic slowdown or consumption decline, all are external causes. The internal cause is that the price increase cycle leads to an upswing cycle of white wine, which makes a large number of channel inventories. Because liquor is easy to store and storage will gain regularity under the action of hoarding profits. There is a large amount of channel inventory in the rising cycle, and these channel inventories do not accumulate during the rising cycle. When the accumulation reaches a certain level, with the emergence of an external factor, the channel inventory will turn from hoarding to selling, triggering a serious liquor cycle, so the core of the entire liquor cycle is the channel inventory cycle and price cycle.
It is particularly important to make it clear here, for liquor. The economic recession of anti-corruption and alcohol restrictions is all external factors. The internal factor is that the interaction between price and channel inventory strengthens each other until an inflection point occurs under the influence of an external factor. Therefore, instead of examining the so-called anti-corruption and prohibition of alcohol, it is better to return to the examination of channel inventory and the examination of the price cycle. I wrote an article before. It was too late at night and I couldn’t find it. Tomorrow I will find out and post that article, and I will explain the principle thoroughly. As long as the channel inventory cycle has been hoarded in large quantities, it will break out sooner or later, and there is only one external condition missing. Now, according to my theoretical model, the channel inventory can be triggered by external factors at any time to trigger a big cycle.

There are 54 discussions on this topic in Snowball, click to view.
Snowball is an investor’s social network, and smart investors are here.
Click to download Snowball mobile client http://xueqiu.com/xz ]]>

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