MAJOR NEWS! Alibaba Share Buy Backs Restart! Is Joe Tsai China's Warren Buffett?

its no secret that we own and love Alibaba stock here like Michael Burry, but the stock has been rather volatile of late. Now that the stock is back below $100 usd/ share for the American ADR they have restarted their share buybacks which became paused earlier this month! In true Warren Buffett style Alibaba management is choosing to buyback shares only at prices they find attractive which is fantastic capital management for long term share holder value.
Disclaimer: The opinions contained in this video are our own. We are not licensed investment professionals if you choose to participate in investments discussed herein you do so at your own peril. No investment is without risk and you may very well lose money.

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