AlpineCap

Alpine Capital Fund manager, In search of rare gems, require common sense

[AlpineCap @alpinecap]

@piratesbooty all kids think the new rebrand is a knockoff of the old pirates booty and not even the same pirate, eye patch switched LOL

[AlpineCap @alpinecap]

$baba at $120 is a gift , trades below investments, cash, and intrinsic value by 60-75%

[AlpineCap @alpinecap]

Alibaba $baba will be above $200+ by September

Chinese equities entering a period where momentum, improving fundamentals, and seasonal tailwinds are very favorable!

[AlpineCap @alpinecap]

@skgoodwin23 Simply there is not enough credit for AI demand, the real bottleneck is not enough available debt, take banks and LPs lagged time to bring and refresh capital base

[AlpineCap @alpinecap]

@GavinSBaker Everyone talks about AI demand. Almost no one talks about the credit required to finance AI demand. That’s where the next bottleneck may be. @GavinSBaker

[AlpineCap @alpinecap]

@Nostre_damus lol

[AlpineCap @alpinecap]

@josephwang Complete clown show today! He’s got a LOT of work to do

[AlpineCap @alpinecap]

@xEBITDA Baffoon, Warsh tried to be the smartest person in the room, backfired quickly…Powell handled pressers 1000x better. Hopefully Warsh improves in the next emergency meeting!!!!

[AlpineCap @alpinecap]

@AnnaEconomist He was an embarrassment, tried to be the smartest person in the room that he clearly wasn’t

[AlpineCap @alpinecap]

@zerohedge Worst press conference in a decade. Warsh tried to be the smartest person in the room, backfired quickly. Going to be interesting to see how he learns to communicate after that debacle of a first presser!

[AlpineCap @alpinecap]

@zerohedge That was the worst press conference in a decade. warsh tried to be the smartest person in the room, backfired quickly!

[AlpineCap @alpinecap]

Was that the worst Fed Chair speech in decade?

Warsh trying to be smartest person in the room, backfired quickly!

Only 30 pressers left! My hope is he learns to improve very quickly and find some humility…@KevinWarsh @FedChairPro @federalreserve @NewYorkFed

[AlpineCap @alpinecap]

China will go parabolic soon $kweb $baba $bidu $cxmt

[zerohedge @zerohedge]

2 weeks later: yes

[AlpineCap @alpinecap]

If this this isn’t rotation into China, I don’t know what is $kospi $baba $spy $qqq

[AlpineCap @alpinecap]

@KaihoNow How can you not make a bet where the preceived delisting risk is 50%…generational buying opportunity

[AlpineCap @alpinecap]

Everyone debates Alibaba’s AI.

Few start with the balance sheet.

~$75B in cash/ unrestricted liquidity.
AND Potentially $150–200B in strategic investments.

Then ask yourself:

What is the market valuing the core business at? $baba

[AlpineCap @alpinecap]

@KaihoNow It will be well less than 50% soon 😎

[AlpineCap @alpinecap]

Quick thought experiment:

If one asset on Alibaba’s balance sheet increased in value by ~$20 billion overnight…

…should the stock move:

A) 1%
B) 3%
C) 6%
D) Something else

Curious how others think about this. $baba $kweb

[AlpineCap @alpinecap]

Alibaba moved ~1% on the CXMT IPO.

Yet the value of its stake appears to have increased from roughly $5B pre-IPO to ~$25B today.

Sometimes the market is incredibly efficient.

Sometimes it takes a while to connect the dots $baba