Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Investing in China’s Middle Class

Market Commentary

Is Alibaba Holdings Making Money?

Such figures make the case for Alibaba as a growth and a value investment. China is becoming a middle class nation and Alibaba is its department store. Just as Sears was America’s department store in the 20th Century.
Upwardly mobile Chinese will buy the trappings of their middle class lifestyle from Alibaba. Just as upwardly mobile Americans religiously shopped at Sears in the 1960s and 1970s.

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