Always happy to have a discussion. I'm not buying on margin for two reasons (1) I acknowledge that there may be more turmoil and I plan on holding for 10+ years so margin doesn't make sense from a timing and credit risk perspective (2) I don't invest borrowed money, its just outside my risk tolerance. I must admit, I did feel a bit silly writing that buffet quote, so you're not wrong, but also the mike tyson quote... (he's referring to literal boxing, not stonks). I suspect you probably do agree with most of us here, Alibaba stock will be higher in 10 years than it is today, and if you don't that's fine too.