Tencent buys 5% of Tesla

Re:Tencent buys 5% of Tesla by PaulHoule on Tuesday March 28, 2017 @11:32AM (#13977446)

One of life's little mysteries is that you almost always lose money if you invest internationally. A friend of mine says it is because the locals know what is going on better than you do.

Tencent was a major investor in Magic Leap and the Saudi Sovereign Fund invested heavily in .coms in early 2000. It is definitely not a sell signal, but I would not buy what Tencent is buying.

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Re:Tencent buys 5% of Tesla by g123g on Tuesday March 28, 2017 @11:34AM (#13977473)

You should have told this fact to Yahoo management before they invested in Alibaba or maybe to Naspers before they invested in Tencent.

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Re:Tencent buys 5% of Tesla by edsheeran on Tuesday March 28, 2017 @11:49AM (#13977599)

Sounds like confirmation bias, also one of life's mysteries.

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Re:Tencent buys 5% of Tesla by davedx on Tuesday March 28, 2017 @11:54AM (#13977651)

Citation definitely needed.

Most of my investments are in stocks and funds outside of where I live (Netherlands). Guess which parts of my portfolio aren't doing so well? The EU bonds.

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Re:Tencent buys 5% of Tesla by dkersten on Tuesday March 28, 2017 @02:13PM (#13979108)

"I would not buy what Tencent is buying."

Tencent own a lot of stock in (international) companies that are doing well too. For example, Riot Games, Epic Games and Snapchat.

Similar things can be said about Alibaba.

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