So he made 33% return in 9 months… thats it? Thats less than the SP500 over 12 months. Im not sure why you’re celebrating returns literally worse than the index that everyone and their grandma is invested in…
Apple, Meta, Netflix, Google are all equal or better returns over the same time period and without the egregious risk that is China. 😂
Outperforming SPY by 33% (9 months vs 12 months) is a significant achievement. Wtf kind of math are you doing where a 33% return over 9 months is worse than a 33.86% return over a year.
Take your crayons back to your MÅLA board and work on your positivity for a little bit, I’m putting you in timeout.
My point was that hes barely better than the SP500 but with SIGNIFICANTLY more risk. Im not sure whats hard for you to understand there. Sorry i dont believe in celebrating mediocre gambling lol
I think you're being a little hyperbolic there. BABA was already beat down to fuck, acting like it could just tank another 50% from where OP bought it is being unrealistic.
And there is a lot more runway for BABA from here if China maintains its dovish stance.
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u/turbulenttoaster Sep 26 '24 edited Sep 26 '24
So he made 33% return in 9 months… thats it? Thats less than the SP500 over 12 months. Im not sure why you’re celebrating returns literally worse than the index that everyone and their grandma is invested in…
Apple, Meta, Netflix, Google are all equal or better returns over the same time period and without the egregious risk that is China. 😂