Prosus: Tencent Risk/Reward
Prosus is a holding company controlled by Naspers (South Africa) who 20yrs ago invested in a Chines internet company with a goal to sell $10 cents to every Chines i.e. Tencent. Today that stake is worth US$122bn. A holding company, like the very famous Berkshire Hathaway of Warren Buffet fame, acquires private and publicly listed …