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18-09-2017, 09:07 AM
(17-09-2017, 06:11 PM)Wildreamz Wrote: Yes, thanks Jacmar (oh is that a play on Jack Ma?) for sharing.
I have tried to look at the best performing stocks in history and they all shared a common attribute in that they always looked overvalued in the beginning (Amazon, Tencent, Google, Walmart, Facebook, Apple) but grew into their valuations fairly quickly and then some.
No, my nic is not a play on jack ma. I have been using this nic since WS forum days which alibaba is still unheard of. For me, i will never buy alibaba at whatever price. In my eyes alibaba is just a giant s-chip. having said that I am watching tencent(just darn too high. pe 70. I would invest if it goes down to more like 30-35). I am impressed with the ceo and his down to earth personailty; yes biz strategy too. I invest in people who I feel comfortable with and respect.