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r/baba
BABA management losing the plot!!
Investor summaryBearish
Author is furious about BABA management reinvesting in brick-and-mortar retail after SunArt losses, regretting not buying the S&P 500.
Bear points
- Management is making poor capital allocation decisions by reinvesting in brick-and-mortar retail after previous massive losses with SunArt.
- BABA's stock performance over the last 5 years has significantly underperformed the S&P 500, destroying shareholder value.
Post body
I am increasingly losing faith in BABA.. what is the point of buying brick and mortar business again after losing fortunes with SunArt and eventually selling in loss.. I am so pissed! Would have made fortune by just investing SP500 for last 5 years.. sigh!!
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