Monday, September 22, 2014

Come Monday...Jack Ma and Forrest Gump

“Come Monday…” is a weekly series that will involve a review of (or commentary about) websites, movies, documentaries, television shows, sports, music, and whatever else may tickle my fancy at the time.  Be assured that these reviews will be generally positive, as in accordance to the Jimmy Buffett song “Come Monday.”  This is subject to change, however.  In fact, I would be most derelict in my duties to neglect going on a rant every once in a while.  For rants promote change, and change can be good—right?  Therefore, since good is generally considered as being a positive force in 99.3% of the parallel universes that I am aware of, even a rant could be considered as being something positive, and a genuine hissy-fit would be even better (so I’m told).


If you were watching CNBC last Friday during the day, you watched quite an event being broadcast live.  For the time for the much-anticipated IPO [Initial Public Offering] of stock for the [Alibaba Group] was at hand.

Now, I am not about to tell you what [Alibaba] is all about.  For I do not understand all that much about it, but I can tell you that it reportedly has something or another to do with 85% of all Chinese e-commerce at this time, which makes the conglomerlate a very big deal the world over.

Further proof of Alibaba being a very big deal the world over can be found in the fact that reportedly 100 million shares of its stock traded hands in the first 10 minutes of trading, which adds up to over 9.4 billion dollars changing hands (so to speak) with the price of each share jumping from $68.00 to over $97.00 in the first couple of minutes or so.  Of course, my figurin’ ain’t always all that accurate since my trusty old solar-powered Casio calculator done went and died on me a few years back, along with me never being much of a hand with an abacus.

What I can tell you about Alibaba is that it is being promoted as the online place to go if you have idea for a product or business service.  For they will not only help you connect with buyers and sellers, they will also help you find raw materials, a manufacturer and even funding for your project!

Yeah, it almost sounds too good to be true, but if you take a listen to what [Jack Ma] has to say, you just might become a believer.  Be assured that he made quite an impression upon me, and it was a very good one, too!

Jack Ma is the chief executive officer of Alibaba, and the vision he has for the company is truly wonderful.  For he wants to help others be successful—not rule over a business empire that crushes all who dare to stand in its way.

In some regards, he may be a lot more like his hero than he thinks.  For [Forrest Gump] is his hero on account of remaining true to himself despite whatever was happening around him.  For what I saw in the movie character was someone totally oblivious to what was happening around him, and I think Mr. Ma may be a little oblivious to the great threat of Chinese politics destroying all of the good he wants to achieve.  After all, with a simple change of the political wind in China, Alibaba becomes totally nationalized while leaving outside customers and investors with little—if anything at all.

Yeah, I suppose the same thing could happen even here, but there is a history to sudden shifts in policy toward business ventures in China.  Be assured that I am hoping Jack Ma and all others like him will win the war for the benefit of us all.

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12 comments:

  1. Ma will end up a rich prisoner if he upsets the wrong people.

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    1. Thanks for stopping by, my dear Adullamite!!! Yeah, if he is not executed on the spot.

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  2. This is the first I've heard of Alibaba but then I don't get out much either

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    1. Thanks for stopping by, my dear Ann!!! I had been hearing mention of it on CNBC for quite some time, but I had not paid much attention before.

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  3. Interesting post. On a brighter more humorous side of things, I just saw This is where I leave you, with a fantastic as always. Jane Fonda as the mother- movie for all to be sure to see!

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    1. Thanks for stopping by, my dear Karen!!! Yes, seeing Jane in that role makes us want to watch the movie when it gets down to our level of income. For we both loved her in Monster-In-Law with Jennifer Lopez a few years back.

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  4. I've heard about it but I'm not tech savy and can't claim to understand it.

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    1. Thanks for stopping by, my dear Stephen!!! Stupid is as stupid does. (LOL?)

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  5. This I do not understand. Sounds iffy to me... Hallo Jerry, I'm back after a short break, catching up, catching up, catching up!

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    1. Thanks for stopping by, my dear Shadow!!! Fly? Are you hipster? (LOL?)

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  6. A lot of money was made the other day by those who invested in Alibaba...I can't even afford one share! lol

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    1. Thanks for stopping by, my dear Lee!!! I have been tempted for quite some time to get involved in stock-trading (on a very small scale to begin with, of course) but the more I watch CNBC, the more I have become convinced that most moves up and down have nothing to do with anything but some huge investors deciding to buy or sell a certain stock on a particular day. So, methinks it would be best for me to remain on the sidelines. Sigh.

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Since the Blogger spam filter has been found sorely lacking lately, I will start moderating comments. Be assured that I am only interested in deleting spam. So, if you feel a need to take me to task over something—even anonymously, go ahead and let 'er rip, and I will publish it as soon as I can.