In yesterday's post, we made the point the smartest thing Alibaba CEO Jack Ma did was to cut the Government of China in as a partner, but we also cited the risk of their exercising a Godfather-like call on shareholder assets at a time in the future.
Today's Wall Street Journal, coincidentally, picks up that very same point and expands it.
Watch for that unanimous panel of Buy/Strong Buy reports from Wall Street. Look for significantly under valued assets like the payment system and the opportunities of building their own fulfillment system in China. Expect the same investor behavior as in the halcyon days of Mary Meeker and the earlier dot com frenzy.
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