A reader left me a remark asking me to speak to myself on Alibaba as an funding however requested that I don’t publish the remark.
Apparently, he adopted the recommendation of a neighborhood blogger and received it at a share value of $220 and is now very fearful particularly after studying within the information that Temasek Holdings has began trimming their stake.
The reader informed me the title of the weblog and since I do know the blogger he talked about, I went and took a glance.
I needed to verify if the blogger certainly suggested his readers to purchase into Alibaba.
After trying on the blogs, I don’t suppose the blogger meant to push readers to purchase shares of Alibaba however one weblog title went “You probably have not purchased a place in Alibaba, NOW is the precise time to take action.“
Sure, all 3 letters of the phrase “now” are in caps.
That was again in July this yr and I see why it might simply be interpreted as funding recommendation to his readers.
I have never blogged about Alibaba as a result of I do not actually have an curiosity in Chinese language corporations.
OK, I did point out Alibaba in a weblog a few months in the past in September and in case you are , learn:
I have never invested in a Chinese language firm since China Minzhong and readers who’ve been following my weblog for a very long time may keep in mind the title.
Newer readers is perhaps on this weblog:
The weblog is not nearly China Minzhong and, so, it ought to be an fascinating learn for many.
To the reader who wrote to me about following the blogger and investing in Alibaba, I can solely say that every one of us ought to have our personal plan and never simply journey on another person’s coattail.
The blogger might have vastly completely different circumstances, threat urge for food and even targets in comparison with his readers.
And not using a thorough understanding of the blogger and checking to see that we’re sporting the identical sneakers as him, it will be very exhausting to abdomen paper losses particularly huge ones.
Why is that this so?
Nicely, it’s as a result of we might be getting in with solely the thought (or dream) of getting cash.
So, once we lose cash as a substitute, we get hit and it might hit very exhausting for some.
For instance, one other reader adopted a well-known native dealer and acquired into Noble Group a couple of years in the past.
In that weblog, I mentioned that if we needed to personal a zhi char retailer, we should know the right way to deal with a wok.
Depend on another person to do the work and we’re at his mercy.
So, how will we stop ourselves from getting right into a state of affairs just like the reader who wrote to me about Alibaba has discovered himself in?
In fact, some may also have an interest on when is perhaps a greater time to spend money on Alibaba?
Learn the blogs which I’ve linked earlier on this weblog and you’ll have an thought.
Peace of thoughts is priceless and it’s not one thing to gamble away.
When individuals say “excessive threat, excessive reward,” now we have to pay extra consideration to “excessive threat” and what it means if issues go fallacious.
Give attention to “excessive reward” as a substitute and cash may not be the one factor we lose.
In fact, AK is barely speaking to himself just like the loopy fellow that he’s, as traditional.