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Strategies & Market Trends : Burryology

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From: Sean Collett	5/25/2024 4:30:47 PM
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Also, since this is a Burryology board, anyone have any thoughts on the recent BABA news? I know Scion has been in and recently added. I picked some up Friday due to them issuing the convertible notes ($4.5B) to buy back shares. Seems the Chinese are very eager to bring investors in. I bought some FXI on 5/1/24 and that gives some exposure to JD & BABA but figured the index is diversified and "owning" BABA shares would see a more direct benefit of this buyback. I was against investing in China for a long while, but they're pouring money there to get investors back. Anyone else invested? -Sean

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