Just how big can Alibaba really get?
- Phil Carey
- May 31, 2020
- 2 min read
Are we in the middle of a paradigm shift in how the world's stock markets operate and is the technology revolution at the heart of it?
Some people will tell you "this time is different", but most will say "nothing really changes."
So who's right and why are we seeing such an incredible bounce back from such a dramatic correction?
Will it continue or as with other similar sized corrections, will we lapse into a three to five year slump?
As Asia is the first region to emerge from the effects of the pandemic, I decided to catch up with the Chief Investment Officer of Mirae Global Investments, headquartered in Hong Kong.
The fund management company is part of Mirae Assets, which is one of the largest independent financial groups in Asia with $398 billion in assets.
Mirae Global Investments CIO Rahul Chada's team controls the investment decisions around $146 billion of that money.
We chatted for about 25 minutes this week, covering a wide range of subjects.
You can cherry pick the ones that interest you by hovering your mouse over the chapter markers on the play bar, or, grab a tea or coffee, sit back and watch the entire interview.
04:02 What will the new world look like in terms of tech driven personalization?
05:40 With people not spending money on travel where will that money go?
07:08 How much impact will tech have on the "new world" we are entering into?
08:00 Don't see Amazon and other billion dollar online stores as websites, see them as the new shopping malls.
08:36 How much more can companies like Amazon really grow?
10:10 Why Amazon's journey is now going to be much harder?
11:10 Why are you so bullish about Alibaba?
13:32 What's the best way for people to invest overseas?
Mirae Asset Asia Sector Leader Equity Fund
DISCLAIMER AND IMPORTANT INFORMATION
I do own shares in this company or have any financial connection at the time of writing this post but do not accept any payment from this or any other company I cover. Nor is my interview or blog in any way a recommendation and should not be seen as a form of financial advice. Disruptive technology stocks should be considered very speculative, high-risk, and extremely volatile. There are significant risks inherent in developing new technologies that are not discussed here. You should always seek professional advice before considering any share purchase or sale. Please read our full disclaimer.
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