What the hell is an Alibaba?
Creating some website does not mean that you have a product, something of value, or even something other than a flash in the pan.
Even pets.com, Friendster, Myspace and AOL are not what they were in decades past.
Which is why my portfolio is void of tech stocks, the 2014 boom just like the one in the late '90's is destined for bust.
Even Apple (AAPL) is two bad products away from a 90% correction.
Yeah, like Ebay. And Amazon. Just websites after all.
Or Walmart for that matter. They don’t have a product, they just sell stuff other people make.
You sound jealous.