$Alibaba(09988)$We call oursel

2022-01-10

$Alibaba(09988)$We call ourselves investors but how many live up to that hype. Most of us will be at best punters, or another namefor gamblers. You “invested” in Alibaba and suffered a year of falling prices, it was painful and played havoc on your logical mind. You lost money and the opportunity cost of deploying that money for better returns.

After more than 1 year of hardship, since theshare has recover a few %, let’s cut loss and move on. So, you took the money and hope to find a winner and recoup your loss.

Hey, didn’t I did that last time when I boughtXXX shares and lost $, cut loss and moved to Alibaba hoping to recoup?

Just some expensive lessons that I had learnt in my journey of “investing”. The stock pick, the conviction to buy at regular intervals made me my first pot of gold.

Charlie Munger picked Alibaba and I agree with him wholeheartedly. My wealth is build standing on the shoulders of these Great men.

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

eksp
2022-01-19
eksp
😀
loychng
2022-01-12
loychng
Agree

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You “invested” in Alibaba and suffered a year of falling prices, it was painful and played&nbsp;havoc on your logical mind. You lost&nbsp;money and the opportunity cost of deploying that money for better returns.After more than 1 year of hardship, since theshare has recover a few %, let’s cut loss and move on. So, you took the money and hope to find a winner and recoup your loss.&nbsp;Hey, didn’t I did that last time when I boughtXXX shares and lost $, cut loss and moved to Alibaba hoping to recoup?Just some expensive lessons that I had learnt in my journey of “investing”. The stock pick, the conviction to buy at regular intervals made me my first pot of gold.Charlie Munger picked Alibaba and I agree with him wholeheartedly. My wealth is build standing on the shoulders of these Great men.</body></html>","text":"$Alibaba(09988)$We call ourselves investors but how many live up to that hype. Most of us will be at best punters, or another namefor gamblers. 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