Alibaba Stock: Why Legendary Investor Bill Miller Is Bullish on $BABA

Legendary value investor Bill Miller is bullish on Alibaba stock ($BABA). In this clip from his interview with Wealthtrack, Miller details his thesis about Alibaba stock, and why Alibaba shares have a place in his stock portfolio.

Full interview: https://www.youtube.com/watch?v=OqarSxZDy1k
Charlie Munger defends his Alibaba investment: https://youtu.be/y_KuOeT_ErY

More about Alibaba:
Alibaba enables businesses to transform the way they market, sell and operate and improve their efficiencies. We provide the technology infrastructure and marketing reach to help merchants, brands, retailers and other businesses to leverage the power of new technology to engage with their users and customers and operate in a more efficient way.

Alibaba's businesses are comprised of China commerce, international commerce, local consumer services, Cainiao, cloud, digital media and entertainment, and innovation initiatives and others. In addition, Ant Group, an unconsolidated related party, provides digital payment services and offers digital financial services to consumers and merchants and other businesses on our platforms. An ecosystem has developed around our platforms and businesses that consists of consumers, merchants, brands, retailers, third-party service providers, strategic alliance partners and other businesses.

GMV transacted in the Alibaba Ecosystem was RMB8,119 billion for fiscal year 2021, which mainly included GMV transacted through our China retail marketplaces, as well as GMV transacted through our international retail marketplaces and local consumer services. Annual active consumers of the Alibaba Ecosystem across the world reached approximately 1.28 billion for the 12 months ended December 31, 2021. This includes 979 million consumers in China and 301 million consumers overseas.