Alibaba Group Holding Ltd (NYSE:BABA) shares almost doubled since the US presidential elections. As a long-term Alibaba Group Holding Ltd shareholder you may be more determined than ever about the long-term success of BABA shares but one of our favorite hedge fund managers has a better investment idea if you are bullish on BABA.
Anthony Bozza’s Lakewood Capital is one of the better performing long-short equity hedge funds in operation today. In its Q3 investor letter Anthony Bozza suggests a better investment idea for long-term Alibaba Group Holding Ltd shareholders (see Lakewood Capital’s 2017 Q3 investor letter).
Here is what Bozza said in his investor letter:
