저자: 미상 · 외국인
요약 보기
이 영상은 찰리 멍거가 알리바바 지분을 매각한 것을 계기로 알리바바의 성장과 최근 주가 하락을 다룬다. 한 줄 결론: 알리바바는 과거 강력한 이커머스 플랫폼이었지만 경쟁 심화와 규제 리스크로 주가가 크게 하락했고, 멍거는 지분을 줄였다. 멍거 관련 내용: 멍거는 알리바바의 해자가 애플·알파벳만큼 견고하지 않다고 봤고, 중국 기업이 달러당 더 큰 가치를 낸다고 언급했으나 모순적이라는 지적이 있다. 버핏이 알리바바에 투자하지 않는 이유로는 본인이 이해하고 편안함을 느끼는 사업에만 투자하는 원칙이 거론됐다. 주가 및 실적: 주가가 약 310달러에서 73달러 수준까지 하락했다고 설명한다. 코로나 봉쇄로 판매·배송 제한을 겪었고, 중국의 기술 규제 강화, 상장폐지 우려, 러시아-우크라이나 긴장 등이 악재로 꼽혔다. 규제 리스크: 미국의 회계감사 관련 법으로 중국 기업 감사가 불법이 될 수 있어 알리바바의 미국 상장폐지 우려가 제기됐다. 이 부분이 밸류에이션에 큰 영향을 준다고 본다. 밸류에이션 및 투자 관점: 알리바바는 아마존 등 대형 기업에 비해 할인된 가격에 거래되고 있다. 가치 평가는 P/S 분석과 할인현금흐름(DCF) 분석이 제시됐으나 상세 설명은 생략됐다. 기술주가 시장을 주도하는 흐름 속에서 메타버스·전기차 등 새로운 경쟁자 출현 가능성도 언급됐다. 전망: 영상은 알리바바가 여전히 좋은 이커머스 플랫폼으로 남을지, 아니면 좋은 기업의 쇠락인지에 대한 질문으로 마무리된다. 명확한 단기 주가 방향 예측은 제시되지 않았다.
다듬은 글
i don't think alibaba is as entrenched as something like apple an alphabet i think the internet is going to be a very competitive place even if you're a big internet alibaba one of the most renowned e-commerce websites all across the globe the truth is that a lot of dropshippers all across the globe have been working through this platform and the reason for a lot of their profits is them so this is certainly a very dependable platform that has been around us for a while now now if this platform was really so commendable what is the issue they are facing and what led them to drown recently let's find out welcome back ladies and gentlemen we come to you today with a story this story will help you learn of the journey alibaba went through from being nothing to a venue with everything however it stumbled down recently to bare minimum it will certainly be interesting and we also have one last request would you like to hit that like button and subscribe to the channel well also let us know your thoughts on it now let's get started a lot of important people like charlie munger are a bit inconsistent about the future that alibaba may have this was the reason why charlie decided to give away 50 of a stake in it with the high competition in this region along with a number of companies coming in on a daily basis the need to stay updated constantly has risen like never before so a thing that we can all learn from this is that even though you have been the best one day it does not mean you will be immune to others overtaking you and being the best what is more important here is to learn how to stay updated they have clearly not been able to stay updated as a result of which they were overtaken by companies like amazon and others throughout the globe so what's the deal here why are the founders so confident about it while companies like amazon take a huge leap against them the investors in alibaba are sounding very unconfident of theory investments with alibaba if you look at it from their point of view things may sound understandable while on the other hand if you consider the political regulatory and other sentimental issues for investing in any chinese stocks things may sound very different for you charlie was also asked the reason why buffett doesn't buy alibaba let's discuss this question first before we get into anything else alibaba has been selling at a very good price in comparison to major companies like amazon so what could be the discount that the us investors may seek when buying a chinese stock berkshire made a significant fortune based on the byd suggestion reporters all over the world have just one question what stops buffett from investing in alibaba a quick answer to this question as stated by charlie munger is the fact that he likes to invest in places where he is personally comfortable in other words he invests following the rules he has laid down for himself and the others who wish to learn how he invests he will not invest until he knows what the said business is all about charlie is more comfortable with the chinese than buffet and calls this to be a minor difference between both of them so what does that mean before we get to this let's get on the same track and disclose a few of the facts number one alibaba is a louser business in comparison to the other businesses this is a fact that can be seen through the numbers and that's all now let's get to the core of this topic monger claims that the chinese enterprise yields more strength per dollar but this is something that is a contradiction with what we answered earlier this confusion often gets people on their back feet and makes it hard for them to learn anything about the company in a solid manner nowadays with the systems being so complicated it's become really hard for us to understand the manner in which the markets may perform a lot of it has been a result of the regulatory requirements as an attempt to prevent any one influential person from controlling the market valuation of any company matters a lot there are a lot of metrics that play a role behind this number if a company decides on taking a few more ventures upon its head and the potential for it to rise season incline on charts the valuation of the said company also increases in proportion to the kind of rise that has been projected this means that you can look at a business from two major perspectives either qualitative or quantitative the hunt for a great company at a great price is what plays all of the investors taking risks is a part of the whole process and making a good return out of it is only a matter of risk and time once you learn how to make the right choices after we make the purchases chances are that we start thinking as a result of normal human psychology that whatever we have in our portfolio are the best of what we can get in the said price range this is where you need to be aware of yourself and your thought process sometimes the chests are not accurate enough for you to keep progressing let's get a bit of numbers now if you look at it closely you'll see that the prices drop from 310 all the way to 73 now this is something that's a huge worry for the people who are involved in this stock as prices went down big time a lot of investors decided to get off board cobit lockdown was one of the worst times for the company they suffered a lot not only in terms of the share prices but also in terms of the restrictions imposed to make sales and deliveries this was not the end of their problems they also found that china was getting stricter when it came to technologies followed by the de-listed fears the existing tension between russia and ukraine and so on so what was the effect of all this let us get to the charts in a bit when it comes to the charts there are a lot of ways to make an interpretation well for now let us stick to one the u.s recently passed a law that basically requires all of the u.s listed companies to be audited by u.s firms on the other hand when it comes to china it becomes illegal to allow a form to be audited by a u.s auditor so the entire worry of alibaba getting de-listed starts here monger says that this is also a point that plays a major role for alibaba it may not be as entrenched as we consider it to be what he's concerned about is the efficacy of each dollar he invested in the company as we approached the 2000s we noticed that the tech companies have started taking over all of the other companies which were in the bomb of the 90s this was normal and berkshire also made some changes to accommodate such changes and to bring in the potential that others have to be fair to the market we think that it must be fair from our side to consider this is a very good venue for the investors the tech companies while on the other hand there may also be more companies that could replace them pretty soon if you're looking for an example you could consider the metaverse companies or evs for that matter of concern so if you're looking for greater returns your best find will be a great company being sold as a fair price making projections about a company and crunching off the data is not the only work an investor needs to do there are a lot of significant indicators that need to be analyzed before the investor makes a decision these indicators are the ones that will make a significant difference in the portfolio that an individual has the impact of it will be great and the profits such an investor makes will be absolutely huge there's no certain way that could help you beat the index however what can work out for you is a strategic analysis of the companies and choosing the ones which are yet to grow as far as alibaba is concerned it is a company that has already made some significant profits in the past with the major competitors coming in their work now has almost been taken over by other companies now if we were to value alibaba this is something that can be done through the price to sale analysis which can then be followed up by a discounted cash flow getting into the intricacies of this may get a bit too much for us to cover in this video so let's keep it basic for now and with that we've come to the end of this video make sure to hit the like button and subscribe to the channel and never miss out on any important updates we'll meet you once again on the same channel make sure you leave a comment with your videos inscribed and also let us know what you think will be the fate of alibaba will this company continue to be a good e-commerce platform or is it the end of a very good company
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