that being said, how can Softbank keep throwing around all these astronomical numbers after so many bad investments? Leftover iPhone money?
January 26, 2024 - "Japanese investment holding firm SoftBank Group Corp has largely cleared its ownership in e-commerce giant Alibaba Group Holding, concluding one of the most successful deals in China's internet industry and a holding that spanned about 23 years."
"SoftBank, which invested US$20 million into Alibaba when it was still a start-up in 2000, said in a corporate filing on Thursday that it was set to book a gain of 1.26 trillion yen (US$8.5 billion) - about 425 times the value of its initial outlay - for the Tokyo-based firm's 2024 financial year after divesting its [remaining] shares via subsidiary Skybridge."
https://finance.yahoo.com/news/japans-softbank-concludes-run...
I get that people are scared of investing in China. But if I still made single stock investments, I would seriously consider BABA, it seems well positioned.
https://techcrunch.com/2026/03/27/why-softbanks-new-40b-loan...
Tell that to Trump and his glorious way of bombing Iran. Nothing against the idea itself, the Mullahs all but asked for it to happen.
But the execution? That was a level of dogshit I haven't seen in the time I was alive lol. Even Russia was better prepared with their invasion of Ukraine.
Both Trump and Netanyahu had a somewhat solid perspective on not getting utterly wasted in the next elections. Instead they go on one of the most ill-prepared wars in modern history, with results that may seriously upend the global economy if not lead us to WW3 outright.