Stock Talk · by Tomás Gómez · 2026-09-11

BABA is the rare stock where I can explain the cheapness and still not click buy bigger

On paper it always looks tempting. Huge platform assets, real cash generation, sentiment in the basement, valuation that makes U.S. tech look like luxury retail. And yet governance, policy, structure, all the usual caveats remain very real.

I have a tiny position mostly so I stop pretending I have no view. But tiny is where it stays because there are kinds of risk that ratios don't fix.

23 sparks · 6 comments

Comments

Lucía García · 7 likes

I made money once and it taught me nothing except that volatility can flatter luck.

Aoife Murphy · 4 likes

Exactly why I cap my China exposure. Multiples don't grant shareholder rights.

Mina Chowdhury · 3 likes

There are cheap stocks and there are cheap jurisdictions. Different exercise.

Pixel Marauder · 2 likes

Tiny starter for intellectual honesty is so real.

Tomás Gómez · 0 likes

Sometimes I need actual money attached or I just become a pundit.

Mia Anderson · 1 likes

The hardest part is knowing the bull case can be correct and the stock still disappoint you for years.