Facebook's shopping spree continued this week with the purchase of Oculus VR. But what on Earth is the world's largest social media outfit going to do with a company that makes virtual reality goggles?
It’s the kind of Contrarian thinking that I just love.
As you folks know, I’ve been a big believer in the massive fortune-making potential of Alibaba Group Holding Ltd. (NYSE: BABA).
And I also like the hidden profit opportunities posed by corporate spinoffs, or “backdoor” plays where we make one investment to get a second at a discount – one example being the use of Yahoo Inc. (Nasdaq: >YHOO) to supercharge your windfall from Alibaba.