Developments of Alibaba reminded me of American Express during the salad oil scandal in the 1960s. A few essential similarities. Both Alibaba and Express faced horrendous uncertainties. But their core ...
The recent developments of Alibaba (NYSE:BABA) stock remind me of American Express (AXP) during the salad oil scandal in the 1960s, which because a defining event in the career of Warren Buffett. Many ...