19-11-2021, 01:14 AM
(18-11-2021, 08:55 AM)sgbuffett Wrote: Monash Pabri sells Alibaba causing consternation among value investors.
For me it's rather simple. Alibaba stock is cheap and full of potential in cloud space. The risk is how far will the Chinese go after companies like this aka regulatory risk.
We cannot predict anything for sure and ghat is why the stock is so cheap because investors avoid uncertainty.
I consider this a risky bet so one has to be prepared if it goes the other way....
For me there is nothing to worry or lose sleep over....make or lose prepare for it have it factored in the overall strategy.
Badly bruised result under expected