LucyRosa
06-28

$Alibaba(BABA)$

Warren Buffet owns 6% of BYD $Boyd Gaming(BYD)$ . Even though he has trimmed some, this is still a significant amount similar to Apple in his Portfolio.

David Tepper owns $834 Million worth of BABA share with average cost at 79 per share the second most in his portfolio.

If institutional investors are scared of China, they would not have invested that much into them. The risk is definitely there but the discount in price more than make up for it.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment