Charlie Munger Alibaba

Now Munger is putting more of his. It became even more evident when he bought a substantial position 19 of the portfolio in Alibaba via Daily Journal Corp in the first quarter of 2021.

Charlie Munger Buys Alibaba Will Berkshire Also Buy Baba Intrinsic Value Youtube

Oct 28 2021 746 PM EDT The Streets Kevin Curran has two iconic Wall Street legends in his sight - Berkshire Hathaway Vice-Chairman Charlie Munger and Alibaba Group BABA - Get Alibaba Group.

. Daily Journal Corp a newspaper and software business that counts Charlie Munger as chairman nearly doubled its holding of Chinese internet giant Alibaba Group Holding Ltd. Daily Journal which Charlie Munger had served as chairman until recently cut its investment in the Chinese online giant Alibaba Group. Mungers purchase of Alibaba BABA for the Daily Journal which was first made public in April is notable for a few reasons.

But Alibaba is facing enormous and unpredictable headwinds. For years Munger led Daily Journal as chairman in addition to his role as a vice chairman at Warren Buffetts Berkshire Hathaway Inc. Alibaba trades at a PE of 15.

For one its apparently the first time hes liked a stock in 12 years. Many investors look upon Munger as an influential investor and take heed in the things he say and do. At one time Alibaba Group Holdings NYSE.

1 day agoDaily Journal Corp a newspaper and software business that counts Charlie Munger as one of the overseers of its stock portfolio cut its. 1 day agoDaily Journal the Los Angeles-based newspaper company tied to Charlie Munger just slashed its holding in Chinese ecommerce giant Alibaba in half. On its face Alibaba represents excellent value.

Daily Journal the Los Angeles-based newspaper. His company is still buying more BABA stock. And even as the stock continues tanking Munger has doubled down.

Charlie Munger as chairman of the Daily Journal invested the companys cash in Alibaba stock in the first quarter. 1 day agoApril 11 2022 256 pm ET. Thats down from 602060 at the end of last year.

Charlie Munger Defends Alibaba At Daily Journal 2022 Annual Meeting February 20 2022 At the 2022 Daily Journal Annual Meeting Charlie Munger delivered a simple defense of why he invested DJCOs cash into Alibaba BABA. So why did Munger invest in Alibaba. Week of April 5th 2021.

He doubled the position in Alibaba at the start of 2022. Alibaba shares edged down by 1 Monday as Charlie Mungers Daily Journal Corp. BABA could do no wrong.

But for some reason this hasnt deterred Charlie Munger as Chairman of DJCO. 10 hours agoWith plenty of negatives no wonder Munger cut BABA. New York CNN Business Charlie Munger the 97-year old vice chairman of Warren Buffetts Berkshire Hathaway BRKB has long been bullish on Chinas economy.

I believe that tracking and watching the worlds wisest mans investment will bring us a lot of inspiration no. 14 hours agoCharlie Mungers Daily Journal apparently cut its losses on Alibaba last quarter halving its stake after quadrupling the size of its wager in. Estimated Value at Purchase.

Some 20 of DJCOs portfolio now consists of Alibaba. Mungers Daily Journal Corp DJCO just picked up a substantial amount of the Chinese internet company Alibaba adding to the good amount already owned. Today shares of Alibaba are trading where they did 5 years ago and at a much cheaper valuation.

The company which counts the billionaire investor Charlie Munger Trades Portfolio as its chairman and portfolio manager acquired 165320 shares in Chinese e-commerce and tech giant Alibaba. As the stock plummeted this summer it looks as though Munger doubled down on. Charlie Mungers inventment on Alibaba shows that this nearly 100-year-old man is still trying to learn and expand his ability.

Charlie Munger the longtime pal of Berkshire Hathaways Warren Buffett is apparently a very big fan of Alibaba even though the 98-year-old has recently praised the Communist government of China. And it is on sale something Munger finds hard to resist. 1 day agoThe Los Angeles-based company owned 300000 American depositary shares in Alibaba at the end of March according to a regulatory filing Monday.

Amazon trades at a PE of 47. Marketplace Summary Charlie Munger recently doubled down and defended his position in Alibaba. Charlie Munger and Warren Buffet have been working together for almost 50 years now and although Mungers net worth is less than.

Shares in recent months. Hes chairman of Daily Journal and the new. Last week Alibaba reported its slowest quarterly revenue growth since 2014.

Munger Loves Alibaba A recent filing by DJCO showed that it ended 2021. Ive managed to discover Charlie Mungers Alibaba estimated buy prices. 1 day agoMunger is a well-known China bull.

Share Price Estimated Number of Shares. In fact between 2019 and 2020 the stock exploded from a double bottom low. Disclosed it has cut its stake in the Chinese Internet and e-commerce giant Alibaba in half.

Charlie Munger Tied Daily Journal Newspaper Slashes Alibaba 9988 Stake In Half Bloomberg