Things that you did in the market today you bought walmart and mic microsoft. Why are you putting money to work in those stocks now why am i putting money to work and then ill get to those stocks we had had a 10 correction. You know ive held cash for a little while im not the onlywaiting for a correction i still have some cash but, look, for this to get worse than a correction, maybe it goes down 12, 13 . I dont know if it to get worse you have to think the fed is ineffective and the cash on the sidelines which we know is there for mutual fund and etf flows isnt going to come flooding in i think it will start coming in. Otherwise, youre predicting the end of the world in 42 years of investing i have yet to see the world ends walmart has a good mixture of brick and mortar with Online Presence has a peg ratio of 2. 0 microsoft has many pistons in the engine whether its azure, the operating system or gaming you see it in the peg ratio which is 2. 2 a 30 times multiple is absolutely reason
15. 8 . The expectation was 14. 5. Kind of a mixed picture. It seems like that export picture will be the same. Butct here in large part, asia demand will be the big question as that is expected betty the biggest is a good segue to ask you about some of the asian Tech Companies. , know we have got this chart talking about amazon with a nice comparison with amazon still huge in market cap against the big asian Tech Companies like alibaba and tencent. Do you see Companies Like that following the lead of amazon . Mark i can cover alibaba, they surprised the market two weeks ago giving and outlook for almost 50 . They are benefiting from some of the same growth amazon has in the past, different ways of facebook and google. They are doing it in a market where they have an unusually strong market share. Alibaba china is greater than amazon, and it can sustain at those levels. I dont think i think the valuation is good for both sides. The basic underlying driver is you have secular growth wit