[sgbuffett]

have you bought Pinduoduo shares in Nasdaq? it is Alibaba’s competitor backed by tencent...its shares perform better than Alibaba.

In the short term some stocks will move up more than Alibaba because of the speculative volatility.

I stated why I bought Alibaba because the digitalisation of business is a trend for coming decade and Alibaba is offering what amazon offers to US companies but will never be able to establish itself in China.

I try my best to buy Alibaba at a good price to hold for long time. Other stocks may out perform in short term....I have not studied them and cannot be sure they will perform in the long run. Of course out of the universal of many stocks there will definitely be many that will outperform Alibaba in the long run....but they may not be so easy to understand or so predictable in terms of market demand for its service