People may still not earn money beyond their cognition. Having dinner with neighbors on the weekend, she mentioned that she previously spent over ten thousand to buy some labubu, and now it’s worth twenty or thirty thousand. Friends urged her to sell it since it has appreciated so much, but she said, why sell? The initial purchase was just for fun, bringing emotional value.

I am thinking that investors who cannot experience this emotional value wouldn’t have chosen to invest in labubu in the first place. Those who can experience this emotional value actually don’t know how much it will ultimately rise to or how much it is worth.

This emotional value cannot be quantified; how long can it last, and to what valuation will it reach? Who knows?

#BubbleMart #LABUBU