I’m just like the both of you. I started dollar cost averaging at 220$ and buying all the way down. It was my largest position before it lost over half its value. Like you still holding. Hoping that the internal polical environment in China settles and we don’t have to engage them in a conflict
(this is Jake) thanks for sharing! Sorry to hear about the losses, it's always good to watch how big the position is. I think it's not super large for Daniel or I but still hurts to see the losses We are holding and ignoring the stock, we bought it with a long term thesis so gonna let it ride (not financial advice) The company is still very cash rich and seems to be growing 🤷 but yeah the China stuff is 100% a risk that's hard/impossible to predict
Conflict is very unlikely. Those that understand the geopolitics know that US and China are simply flexing their mighty muscles. Charlie Munger knows BABA is a cinch.
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I’ve been DCA’ing BABA since $200. It’s my largest holding by far. I am now doing what Daniel Pronk is doing… forgetting about it
🥲, what are your thoughts on the business split up?
I Am up on my position
I remembered Daniels position on Baba it was 231! Unless he bought some more on the way down he had some in 215 as well! 😢
It’s so low!!!! Buy some more!!! Dca down brothers!
$BABA is a very controversial stock, what's your opinion on it?
It’s the perfect selective contrarian investment.
I’m just like the both of you. I started dollar cost averaging at 220$ and buying all the way down. It was my largest position before it lost over half its value. Like you still holding. Hoping that the internal polical environment in China settles and we don’t have to engage them in a conflict
(this is Jake) thanks for sharing! Sorry to hear about the losses, it's always good to watch how big the position is. I think it's not super large for Daniel or I but still hurts to see the losses
We are holding and ignoring the stock, we bought it with a long term thesis so gonna let it ride (not financial advice)
The company is still very cash rich and seems to be growing 🤷 but yeah the China stuff is 100% a risk that's hard/impossible to predict
Conflict is very unlikely. Those that understand the geopolitics know that US and China are simply flexing their mighty muscles. Charlie Munger knows BABA is a cinch.