I read with alarm Tencent is one of the bidders for Starbucks China ops. What the hell is tencent thinking ???? Stay in ur core competency please!!!$TENCENT(00700)$
$Novo-Nordisk A/S(NVO)$ just read today about nvo making a worldwide asset freeze on Dr Huang and KBP having been deceived about a new antihypertensive med which had efficacy only in Bulgaria and not in the rest of the world which KBP and Huang did not reveal when they sold the drug for US$700m to NVO. Interesting as a shareholder to read
$TENCENT(00700)$ Good management. enduring business. Understandable business. Reasonably priced. Dominant business in games and weixin. Bonus is the investment in various startups and minority positions in few hundred businesses. Buy n a long term hold
$TENCENT(00700)$ Weixin is a irreplaceable asset is a permanent moat. Besides strong gaming and stakes in various wonderful companies make this a permanent Holding for my portfolio
@koolgal:🌟🌟🌟While it would be nice to make 1 million dollars overnight, in life the odds of it happening is like finding a needle in a hay stack. To me investing is a slow and steady process of holding quality stocks that tick the core fundamentals of profitability, rock solid balance sheet and an excellent management team over a long horizon. With magic of compounding, that is how I would achieve my million dollars. And that is how Warren Buffett likes to do it too and he is a Billionaire. @Meme_Tiger @TigerStars