[sgbuffett]

I bought alibaba average cost $150 due to war, earnings slowdown and regulatory storm the stock fell to $77.

It can fall to ,$60 due to don't know what can happen in the world next.

Just like when I bought iFast it fell 30% then rally to $10 unfortunately I sold only at $7.

If you study a stock like Microsoft there are about 13 times its stock price got cut by half.

They got sued for monopoly practices, had earnjngs decline, products that did badly and so on.

What investors need to do is buy gold companies at a good price and just hold.

I did not rush into Alibaba knowing all its problems by the time I started to buy it was half price. The half price got halved.

I can say for sure that Alibaba will tale same trajectory as Amazon and Li Ning will take same trajectory as NIKE...but potential is there.

How I handle all the ups and down that comes along is to position size and expect all these slumps.

In a sense I saw trouble may come so I stop my purchases and have not restarted...them.

The regulatory environment us a blackbox ...what spook me is what happened to Didi....the authorities did nit give a lifeline or way out.

Once I see Didi can survive and the authorities are not out to ruin and take control. I would be more confident to buy.

The risks are very real a few companies like Foushan the found we jailed and company taken.
That is what I don't go all in and invest only a part I an afford if something goes wrong.