SoftBank's Son sticks with investing in chat with Alibaba's Ma

Son on Friday said the decision to invest in Alibaba was driven by a gut feeling.

It's just that most of Son's other gut-feeling deals ended in embarrassing losses. The same "instincts" prompted Son to buy bitcoin at around... $20,000 a unit (LOL) and then sell it later at a $180 million loss. Buying at the top of the market, then selling at the bottom, what a strategy. An investor would have to be crazy to give their money to Son.

The message is ‘don’t let the gut handle the investments!’

The most important point here for an investor is Son, can admit his mistakes and say sorry. Most Japanese investors cannot. People say , it is the person not the nationality but Like chinese, the Japanese have some same charactors that are only Japanese.

Although I am sure the investors in the Vision Fund (outside of Son) have given him the authority to invest funds into various ventures, would you want someone to invest your money using their “gut sense”? I would be pretty pissed off if I entrusted them with millions / billions, and he publicly says he used his gut. Playing with other people’s money. We’re talking about billions of dollars, not a measly few million!