$Alibaba(09988)$I have my utmost respect for Ray Dalio for his wisdom and knowledge. However his decision to sell Alibaba doesn't deviate or influence my own research and conviction on Alibaba. When one invest in a stock, it would be useful to write down his/her own reasons (at least 3) for investing into that business. The same apply to exiting an investment.

If there is no fundamental change in the business, there is no reason to exit the business unless you need to raise cash to redeploy them into another equally great business that you like.

I believe many had given up on chinese stocks not because of fundamental but rather due to political concerns influencing their bottomline. This reason sounds valid however if I'm looking from CCP point of view, why would the government kill off their golden goose? Does killing their number 1 e-commerce cum cloud computing cum fintech comgomolate in their country make any logical sense? Don't forget, the locals are still using their products daily. Even I staying in Singapore is a frequent customer, that says a lot 😉. After all these headwinds, this company is still growing albeit at a slower pace. Once the censure are lifted, it can only be the highway.

From the chart, we are closer to the bottom than the top. That sums up my thoughts on Alibaba.

As always, your reason for buying or selling a stock should not be influenced by other people's opinion.

# Bridgewater Sold Alibaba: Bottom/Continue to Fall?

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  • WayneEvans
    ·2022-08-19
    Yes, I feel sorry for BABA now but I believe it will come back.
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    • RDPD富爸穷爸
      Don't be sorry, current price isn't a true reflection of the value of the business. If all business are fairly price, Warren Buffett wouldn't be the most successful investor of all time.
      2022-08-19
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  • Jenjorjack
    ·2022-08-24
    Just means these two years it will not resolve their problems
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    • RDPD富爸穷爸
      Historically, bear market don't last more than 2 years so let's see
      2022-08-24
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  • BillyWilliams
    ·2022-08-19
    YES, fundamental doesn't change in the business. I think Alibaba can find their way out.
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  • Wei_118
    ·2022-08-19

    good point but i will maintain only small position

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  • CitizenBane
    ·2022-08-22
    Dalio merely switched to HK 9988 shares,  as I understand
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  • Jawslea
    ·2022-08-19
    Keeping my BABA
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  • Ericdao
    ·2022-08-21
    It's not just depend on fundamentals investing. Good luck
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  • CSNeo
    ·2022-08-21

    [得意] 

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  • Fenger1188
    ·2022-08-25
    👍🏻👍🏻
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  • Aassaa
    ·2022-08-23
    Ok
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  • Snakewood
    ·2022-08-22
    👌🙏🙏🙏🤞🤞😓
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  • micphy
    ·2022-08-22
    thanks
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  • Keat1996
    ·2022-08-21
    J
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  • OpenSesame88
    ·2022-08-21
    yes la
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  • multi888
    ·2022-08-21
    thank you
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  • Boo2020
    ·2022-08-20
    k
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  • Ah Win
    ·2022-08-20
    Ok
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  • Ong2ah
    ·2022-08-20
    Good
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  • fatcookie
    ·2022-08-20
    ok
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  • TeoJC
    ·2022-08-20
    tk u
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