I think Alibaba brought a lot of grief to people. From what I read in the blogger sphere, it seems many people "regret" boarding the bandwagon. As a silly investor, I would like to give my silly take. As Alibaba went south, I followed my rules of engagement of accumulating when price show 20-25% weakness. When it is my third or fourth Tranche, I look for 30-35% correction. Mathematically, the third or fourth tranche will be less than 50% of your last purchase price. The caveat is the accumulation cannot Exceed 5% of my overall portfolio, and my portfolio, I included my cash that are set aside for investment. I believe Alibaba cloud business will turn in profits, and its e-commerce still has a moat. I also believe/ hope that regulations will come to an end, and release the pressures on these companies. My average price is 146 and I am 30% into the red....