This 46-Year-Old CEO Bets $44.2 Billion on One Stock

By audi4cc, August 8, 2018

What Stock is Motely Fool. Here are some clues:
Currently, this company has:
•over 1 billion users on their social networking platform
•grown cloud computing over 150%,
•one of the top video streaming platforms in the world
•the top news service in the world
•the most powerful gaming divisions in the world, doubling Sony’s revenue in 2017

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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11 Comments on " This 46-Year-Old CEO Bets $44.2 Billion on One Stock"

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Alex
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Sounds like Facebook to me

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Alex
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I take that back, it’s Google. CEO is 46. YouTube (owned by google) has over 1 Billion users. They check the cloud computing box, they’re everyone’s first stop for news and answers

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Paul
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I doubt that it’s Facebook – I don’t think the numbers match… Isn’t there a Chinese company with both gaming and social networking? 2U-something or Tencent or whatever…

Chinese companies make me nervous for investing – accounting fakery up the wazoo, reverse mergers, the possibility of the government making massive changes, arresting CEO’s, whatever they feel like…

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Paul
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I didn’t see the Google remark before, but that makes a lot of sense to me, especially with the 46 year old CEO and the $44 billion magnitude narrowing down the field quite a bit.

J C
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I don’t have access to Motley Fool, but the hint pretty clearly matches Tencent (HK:0700 or TCEHY are two ways I see it or its ADR listed). It’s valued at $52B (up from when the MF article was written), it is the world leader in online gaming, WeChat is a powerhouse in China, … The stock took a hit recently due to an earnings miss and the Chinese government and press (is there a difference?) is pressuring their gaming division by complaining about the harm it is causing society (shades of Tipper Gore?).

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VABM
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In the article it mentions that “In this report, Motley Fool co-founder David Gardner dives deep into three companies poised to run away with this opportunity potentially 23x bigger than Netflix.” ANY IDEA WHAT THESE 3 COMPANIES ARE? One definitely seems TCEHY, what are the other TWO?

https://www.usatoday.com/story/sponsor-story/motley-fool/2018/08/06/46-year-old-ceo-bets-44-2-billion-1-stock/903129002/

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Noob
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“46-year-old CEO”
-Ma Huateng · Age, 46 years old, Born Oct 29, 1971

“over 1 billion users on their social networking platform”
-WeChat has hit 1 billion monthly active users. businessinsider.com

“grown cloud computing over 150%”
-grew 121% to RMB 14,084 million, this is from April 2018

“one of the top video streaming platforms in the world”
-Tencent video

“the top news service in the world”
-Tencent Toutiao

“the most powerful gaming divisions in the world, doubling Sony’s revenue in 2017”
-Tencent beats out Sony and Activision for game revenues , businessinsider.com

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SillyRabbit
Irregular
81

Jinri Toutiao is not owned or associated with Tencent.

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stocksinfos2018
Member
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Anyone get hard facts as to who this company is?

Tai
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Could this be Twitch? It is owned by Amazon thus the cloud computing touch. The video streaming comment seems correct. But news service as Twitch doesn’t seem to fit.

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Lorenzo Covarrubias
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any updates?

wpDiscuz