Wednesday, March 4, 2015

You just got BABA'ed




With every single public buyer of $BABA now a loser, let's check out what is it's current valuation from good ol' Bloomberg.


Current 12 month trailing P/E ratio at 44.2.

I think I'm dead old school, because I look at $BABA and think to myself, "Seriously?".

I'm not dissing growth investing, but I have to admit upfront that I can never do growth investing ever. My brain isn't wired to be able to figure out these things and everything so far that I've been taught and read goes quite contrary to this style.

Unfortunately for me, that means quite a large number of stocks that I would never touch. Fortunately for you, that means no competition from a cunning sneaky fox like me.

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