As a long term investor, I try to but the top 1% of the best company which has a strong moat N foundation. Unless the moat changes if not I will hold for long. Time in the market is better than timing the market. Good luck ! Everyone n Happy New Year! Look forward To a challenging 2004 ! Cheers!
Take them as noises n focus on fundamentals! In the world of investing the smart money outwitted the retail investors with noises .
Alibaba Gets Rare Wall Street Downgrade as Rival Gains Traction
-- Alibaba Group Holding Ltd. received a rare downgrade from Wall Street on the same day it lost its crown as China’s most valuable e-commerce firm to one of its main rivals.Tesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025. Saudi Arabia Offers Iran Investment to Blunt Gaza War. These Are the World's Most Expensive Cities to Live In Right Now. Biggest Blowout in Bonds Since the 1980s Sparks Everything Rally. Morgan Stanley cut its rating on Alibaba’s American depositary receipts to equal-weight from overweight, lowering its price target to $90 from $110. That’s the first downgrade on the company’s US-listed shares since late June, according to data compiled by Bloomberg.Alibaba is seeing a slower-than-expected turnaround, and its decision to withdraw the spinoff of its cloud business “brings uncertainty to the value-unlocking from reorganization,” analysts including Eddy Wang and Gary Yu wrote in a report dated Thursday.
We lost another wise man who teaches retail investors to be patient n or emotional while investing . Watching his videos do gets a good laughs here n there . Tks big bro n RIP.
Final Thoughts From Charlie Munger on Warren Buffett, China, and the Big Costco Error
Charlie Munger,who died on Tuesday at age 99, was best known asWarren Buffett’s sidekick, though he was a formidable investor and investment thinker in his own right.Munger first met Buffett in 1959 t