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Where I lost money in 2021. Alibaba It would seem that such a | Investor Writer

Where I lost money in 2021. Alibaba

It would seem that such a reliable Chinese giant with strong fundamentals and what I thought were bright prospects like Alibaba would not let me down.

Yes, that Alibaba, the e-commerce company and much more, was another disappointment for me as an investor. I happily bought the stock at $260, and its price ended up sliding to almost $110.

Down by more than half! Imagine that! Alibaba! Minus $150!