I have been researching and studying Tencent over the past 1 - 1 ½ months – hence the lack of write-ups. It is clearly a huge, remarkable organization, and I have no doubt in the quality of the business or the capital allocation skills of Pony Ma and his team; however, the fact that I know that it is a good business at a decent price does not allow me to
Tencent, China, and The Circle of Competence
Tencent, China, and The Circle of Competence
Tencent, China, and The Circle of Competence
I have been researching and studying Tencent over the past 1 - 1 ½ months – hence the lack of write-ups. It is clearly a huge, remarkable organization, and I have no doubt in the quality of the business or the capital allocation skills of Pony Ma and his team; however, the fact that I know that it is a good business at a decent price does not allow me to