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He made $200bn on Alibaba. He is an extremely successful investor who survived many crises over very many years.
by sergefaguet 6y ago
He made $200bn on Alibaba. He is an extremely successful investor who survived many crises over very many years.
- busterarm 6y agoAnd yet SoftBank is still carrying all of that debt it has. Softbank has more debt on its books due in the next three years than many countries do period. Its current debts in that period are roughly the yearly GDP of Iceland. Continuously risking it all is not investing, it's gambling. Normal people and normal companies can't invest the way he does. Nobody reasonable has that risk tolerance. If you were trading margin on like that, you'd get margin called before you even got started. Son can get away with what he does because he's risking the wealth of nations. SoftBank's debts are so big that they risk taking Japan and Saudi Arabia down with them. It's not that he's a savvy investor, it's that his clients have guns.