Chapter 1376: “Microeconomics” during the after-school rush
At four in the afternoon, right outside the elementary school gate, the snack stalls were lined up in a row. Lin Feng stood by the roadside, holding an ice cream in his hand, yet his eyes were fixed on those stalls—more precisely, on the payment QR codes. Carl came over chewing a roasted sausage and said, “What are you looking at? Aren’t you here to pick up your nephew’s daughter?” Lin Feng replied, “I’m looking at the data.” Carl asked, “What data?” Lin Feng said, “Look at that fried skewer stall—within three minutes, it scanned seventeen transactions. The average ticket size is 6.5 yuan, and the turnover is 101 yuan. During this time slot, which lasts forty minutes, he can do four hundred just on this one trip after school. His gross margin is sixty percent; his net profit for the day is 240 yuan. That’s 7,200 yuan a month.” “Plus the morning, late-night snacks, weekends…” Carl swallowed his sausage. “So you’re calculating how much he makes in a month?” Lin Feng said, “I’m calculating why he doesn’t rent a shop. The answer is simple—his profit is just enough to cover the shop rent, but it can’t cover the risk premium of ‘illegal roadside stall operations.’ This isn’t business. It’s arbitrage.” Carl asked, “Then what are you going to do?” Lin Feng said, “I’m going to—send him an ad for a ‘street-stall operating digital license.’”
Chapter 1377: Arbitraging the Information Gap
Back home, Lin Feng opened his computer and looked up the latest local policies on the “street-stall economy.” He found that the Urban Management Bureau had just launched a mini program called “Temporary Vendor Registration.” The process was extremely simple—free to apply for—and it even came with a QR code display. But very few people knew about it. He opened his trading app and glanced at several tickers in the local life services sector. One of them was “Digital Marketplace Technology,” moving sideways at a low level, with PE at only 11. He said, “This is the typical ‘information gap.’ Vendors don’t know about registration; those who are registered don’t know how to drive traffic; those who drive traffic don’t know how to brand it. But capital knows.” He placed a bottom-position buy order.
Chapter 1378: Verification and Amplification
The next day, Lin Feng found that old vendor Wang selling deep-fried skewers and helped him fill in the details in the “Recommended Vendors” section of the mini program. He also taught him how to claim the official sticker. That afternoon, a small sign reading “Officially Certified” appeared in front of Wang’s stall. Parents could see it, but students didn’t quite understand it—yet the frequency of scanned payments rose from 5 transactions per minute to 8 per minute. When it was time to pack up, Wang made an extra 60 yuan. He sent a WeChat message to Lin Feng: “This thing is really useful.” Lin Feng replied: “Next month, everyone else will use it too. Just run it for a month first.”
Chapter 1379: The Continuation of the Game
After the close of trading, Lin Feng glanced at his account. That stock, “Digital Marketplace Technology,” was up 4.7%, and he didn’t sell. He opened the micro-vision in the [Time-Space Eye]—beneath what looked like a routine event of “stall registration,” he saw a longer line: the digitization of local life services, the penetration of micro-finance, and the credit infrastructure building in lower-tier markets. He muttered to himself, “Selling deep-fried skewers is just a window. The real window is somewhere you can’t see.” Carl beside him said, “Now your words sound just like a philosopher.” Lin Feng replied, “No—philosophy. It’s the liquidity anchoring point.”
Chapter 1380: A Hunter’s Daily Routine
Lin Feng closed his computer and went to pick up his niece from school. The niece asked him, “Aunt/uncle, how much money did you make today?” Lin Feng said, “Not much. Enough to treat you to ten rounds of grilled skewers.” The niece said, “Then I want to eat deep-fried skewers.” Lin Feng said, “Sure, but only one skewer. Because Old Wang is going to raise his price tomorrow—now that he has ‘official certification,’ he finally has the confidence to raise the price from six yuan to seven.” The niece said, “Then I’ll eat a few more today.” Lin Feng said, “Smart.”
He told Carl, “A hunter’s daily life isn’t about firing shots—it’s about observing and waiting. It’s about seeing the structure where other people notice the commotion. The commotion belongs to them; the structure belongs to me.”
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