No Hypocrisy In Mark Cuban Investing In Alibaba And Saying They Shouldn't List in US

Alibaba investor and U.S. billionaire Mark Cuban, speaking like a hedge fund manager who understands the various logical risk management paths in investing, said yesterday that Alibaba Group Holding Ltd (NYSE:BABA) should not have been allowed to list its initial public offering in the United States on the New York Stock Exchange.

“If (a company) is hosted and based in a communist country, where the only rule of law is what the communist party says it is, how can you enforce any type of law at all,” Cuban said in a CNBC interview.

This issue of legal jurisprudence should be separated from the investing case in...