Buying BABA for the longrun

[777]

Insights or comments on BABA for the longrun?
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BABA, Charlie Munger & the Value Crew

Bill Gates sold his BABA and Warren Buffett does not own it.

Investing legend Charlie Munger, close friend and confidant of market crusher Li Lu, recently bought BABA-- though Li Lu had liquidated all his BABA earlier last year.
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This is Charlie's first purchase in six years for his Daily Journal portfolio and BABA is the portfolios
third larges position at about 19 percent, out of five holdings, behind BAC and WFC.

 

[zdreg]

Baba baba baba.......baba, of course. or in Jim Cramer lingo boolyah

 

[Peter8519]

CEO(CNOOC), CHA(China Telecom) and CHU(China Unicom) were delisted due to some concerned link. Can BABA prevent this type of linkage in the future ?

 

[deaddog]

How long is the long run?

 

[jys78]

Bababooey!

 

[maxinger]

It is riding on the rising trend line.

 

[Overnight]

Bababooey!

That is too funny. Stern reaches across the universe.

 

[donnap]

baba bing baba boom

 

[murray t turtle]

Insights or comments on BABA for the longrun?
____

BABA, Charlie Munger & the Value Crew

Bill Gates sold his BABA and Warren Buffett does not own it.

Investing legend Charlie Munger, close friend and confidant of market crusher Li Lu, recently bought BABA-- though Li Lu had liquidated all his BABA earlier last year.
____

This is Charlie's first purchase in six years for his Daily Journal portfolio and BABA is the portfolios
third larges position at about 19 percent, out of five holdings, behind BAC and WFC.

%%
Good buy;
in TECH ETFs, most likely some more buys later this month/ maybe today to a lessor extent....................................................................................