Why I bought BABA? Message left in Yahoo board.
1. Jack Ma started talking to the head of Soft Bank, Mr. Sun convinced & immediately
handed a check Japanese Yen 2000 millions to Mr. Ma for Initial investment.
2. Yahoo owner Jefferey Yang invested 30% and now owns 35% of BABA which made
Yahoo the world chief financial gainer of 2014.
3. Alipay, Mr. Ma owns too,has cash acess 70 billions in Mr. Ma's pocket. Mr.Ma joked
about his power that made 5 biggest Chinese banks want to kill him,( Joke of course)
4.Mr. Ma let most of employees(4,000) own the share of BABA, all of them a million-er
and no one has sold their Baba share so far.
People trust him because he is smart and kind enough to share his fortune.
That is why! .
Sentiment: Strong Buy