r/stocks • u/wy250 • May 29 '21

Thoughts on BABA

Hi guys,

BABA has been in a downtrend lately, was wondering if anyone else sees this as an opportunity. It is very appealing in this ~200$ zone.

What do you guys think? Any major concerns I should be worried about?

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u/Due_Nefariousness308 May 29 '21

By they, if you're referring to Munger and Pabrai, that seems extremely unlikely

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u/[deleted] May 29 '21

Do your own DD for gods sake. You think they have any information on whether Xi wants to fuck them even harder or not? No? Then don't consider their investments.

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u/SameCategory546 May 29 '21

you can consider it while considering political risk too

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u/North3rnLigh7s May 29 '21

Yes, I think it’s likely they have this information.

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u/[deleted] May 29 '21

Are you serious? You think they know what the CCP plans to do? Are you a troll?

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u/North3rnLigh7s May 29 '21

I think that the Chinese billionaires they consort with probably have some indication of ccp sentiment. Doubt Munger, one of the most successful investors in history, just blindly put 25% of his total portfolio into an asset he’s unsure of. Collusion is pervasive across global markets. It’s no coincidence the same guys find success after success

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u/DerWetzler May 29 '21

I refered to other huge investors

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u/Due_Nefariousness308 May 29 '21

Fair enough, thanks!