Strong, durable COMPETITIVE ADVANTAGE(S) (i.e. wide moat)• Proven record of Exemplary CAPITAL ALLOCATION/STEWARDSHIP;• Multiple MOAT SOURCES;• Multiple BUSINESSES with secular tailwinds (e-com, cloud, fintech, etc);• LARGE GROWTH Potential (cloud, international, fintech, etc);• EXCELLENT Balance Sheet;• CASH PRINTING machine;• Culture of INNOVATION;• Great MANAGEMENT;• FAIR/REASONABLE Valuation BABA (and TCEHY) checks ALL the boxesnotes from a user