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Investing in China Is the Right Thing
China is such a great place to invest right now, in my opinion. I don't think the regular authorities there want to destroy their local champions. The worst case outcome is that these companies get regulated. And what is the ultimate impare regulation? They break up these companies. If you thnk what amazon to day, ther's a trillion dollars embedded to day in the cloud business. Out three years, you add international retail, that's a few hundred billion dollars effectually to day at amazon stock,. At close to three thousand dollars a share, i'm going to argue that you get the entire us. Business and the ads business for tree. Thereis just so