$Alibaba(BABA)$ When accountin

When accounting for opportunity cost, everyone is bagging BABA. The market did a +100% since 2020, while $BABA did a -70%. Having thrown money at a fallen knife doesn’t make it a good investment just because you are at -20% or -30%. You are not smarter than the market. BABA is cheap for good reasons. Political risk, declining Chinese demand, getting their lunch eaten by PDD $PDD Holdings Inc(PDD)$ .

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