Charlie Munger Alibaba

Some 20 of DJCOs portfolio now consists of Alibaba. Amazon trades at a PE of 47.

Charlie Munger Affiliated Daily Cuts Alibaba Shares In Half News7g

1 day agoCharlie Munger at Berkshire Hathaways annual meeting in Los Angeles California.

. 9 hours agoWith plenty of negatives no wonder Munger cut BABA. 1 day agoDaily Journal long overseen by Charlie Munger halves stake in Chinas Alibaba Berkshire Hathaway Vice Chairman Charlie Munger walks past a crowd at the annual Berkshire shareholder shopping day. For years Munger led Daily Journal as chairman in addition to his role as a vice chairman at Warren Buffetts Berkshire Hathaway Inc.

Thats down from 602060 at the end of last year. He doubled the position in Alibaba at the start of 2022. Gerard Miller CNBC Daily Journal the Los Angeles-based newspaper company tied to Charlie Munger.

American depositary shares of the e-commerce giant are down 15 this year. And even as the stock continues tanking Munger has doubled down. 1 day agoApril 11 2022 1034 AM PDT Daily Journal Corp a newspaper and software business that counts Charlie Munger as one of the overseers.

As the stock plummeted this summer it looks as though Munger doubled down on. Charlie Munger as chairman of the Daily Journal invested the companys cash in Alibaba stock in the first quarter. And it is on sale something Munger finds hard to resist.

Marketplace Summary Charlie Munger recently doubled down and defended his position in Alibaba. In fact between 2019 and 2020 the stock exploded from a double bottom low. Alibaba trades at a PE of 15.

Munger Loves Alibaba A recent filing by DJCO showed that it ended 2021. So why did Munger invest in Alibaba. 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.

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. Disclosed it has cut its stake in the Chinese Internet and e-commerce giant Alibaba in half. Alibaba shares edged down by 1 Monday as Charlie Mungers Daily Journal Corp.

For one its apparently the first time hes liked a stock in 12 years. BABA could do no wrong. 12 hours agoCharlie Munger was first buying Alibaba shares in Q1 2021 for the Daily Journal.

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. Charlie bought BABA in 3 out of 4 quarters in 2021. 1 day agoApril 12 2022 Charlie Munger halved his stake in Alibaba China Stocks Alvin Chow Munger is a well-known China bull.

The stake cut comes a few months after Daily Journals holding in Alibaba almost doubled in size. His company is still buying more BABA stock. 13 hours agoCharlie Mungers Daily Journal apparently cut its losses on Alibaba last quarter halving its stake after quadrupling the size of its wager in.

Munger then doubled his position in the 2nd half of the year as the stock continued to fall. However he now seems to be reversing course. But for some reason this hasnt deterred Charlie Munger as Chairman of DJCO.

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. But Alibaba is facing enormous and unpredictable headwinds. Last week Alibaba reported its slowest quarterly revenue growth since 2014.

Today shares of Alibaba are trading where they did 5 years ago and at a much cheaper valuation. 1 day agoCharlie Munger vice chairman of Berkshire Hathaway Inc Daily Journal Corp the publishing and software company where Warren Buffetts business partner Charlie Munger helps oversee investments and until recently was chairman on Monday said it halved its investment in Chinese e-commerce giant Alibaba Group Holding Ltd. On its face Alibaba represents excellent value.

Daily Journal a hedge fund run by Charlie Munger who is more famously known as billionaire Warren Buffetts right-hand man cut its stake in Alibaba by half a 13F filing by the. Mungers purchase of Alibaba BABA for the Daily Journal which was first made public in April is notable for a few reasons. 1 day agoBloomberg -- Daily Journal Corp a newspaper and software business that counts Charlie Munger as one of the overseers of its stock portfolio cut.

Last month American billionaire investor and Warren Buffets business partner Charlie Munger stepped down after serving as Daily Journals chairman for 45 years. Now Munger is putting more of his. 1 day agoCharlie Mungers Daily Journal Slashes Alibaba Stake By Ed Lin April 11 2022 256 pm ET Order Reprints Print Article Daily Journal which.

At one time Alibaba Group Holdings NYSE. Charlie Munger is one of the GOATs of investing and has high conviction in Alibaba since its a very concentrated position among his top 3 holdings aside from his favorite bank stocks of Bank of America and Wells Fargo in Daily Journal Corporations 259B equity portfolio. Charlie Munger Trades Portfolio is a legendary value investor and the right-hand man of.

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