Charlie Munger Alibaba

And even as the stock continues tanking Munger has doubled down. Munger who turned 98 on New Years Day has bet even more on Alibaba as its stock continues to fall due to concerns about a crackdown on big tech firms from Beijing as well as worries about.

Alibaba Stock Analysis Good Buy Charlie Munger Bought

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.

. Munger Loves Alibaba A recent filing by DJCO showed that it ended 2021 with 602060 Alibaba ADRs. Surprisingly Munger even leveraged the Daily Journals portfolio to buy more Alibaba stock. 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.

And more often than not this approach has paid off for him. 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. In classic Munger style this first purchase was made on volatility as the share price had dropped by between 20 to 30 from the highs of 309 per share in October 2020.

1 day agoDaily Journal ticker. 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. Charlie Munger recently doubled down and defended his position in Alibaba.

Some 20 of DJCOs portfolio now consists of Alibaba. Ad 25 Million Prequalified Suppliers 4000 Deals Daily. He doubled the position in Alibaba at the start of 2022.

Munger first purchased 300000 shares of Alibaba in the first quarter of 2021 during which shares traded for an average price of 245 apiece. Investing in BABA is. Now the key to Mungers past investment success has been to exploit Mr.

1 day agoMunger-Tied Daily Journal Slashes Its Alibaba Stake in Half Katherine Chiglinsky April 11 2022 1147 AM 2 min read Bloomberg -- Daily. Subscribe to access CNBC. Today shares of Alibaba are trading where they did 5 years ago and at a much cheaper valuation.

Mungers purchase of Alibaba BABA for the Daily Journal which was first made public in April is notable for a few reasons. 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. -Charlie Mungers Investing Wisdom With Alibaba While Mohnish Pabrai was selling most if not all of his BABA stake Charlie Munger was triple dipping by adding 300000 shares of Alibaba in Q4 2021 as Daily Journal had previously to now have 602000 shares or about 715 million worth.

For one its apparently the first time hes liked a stock in 12 years. Munger best-known as Warren Buffetts right-hand man at Berkshire Hathaway BRKA BRKB had been involved with Daily Journal DJCO separately from Berkshires portfolio of companies. 13 hours agoThe resurgence of COVID-19 cases forced Shanghai to go into a full lockdown on 1 April TipRanks added that Shanghai accounts for about 4.

Charlie bought BABA in 3 out of 4 quarters in 2021. Thats down from 602060 at the end of last year. DJCO sold 302060 Alibaba BABA American depositary receipts in the first quarter to reduce its investment to 300000 ADRs according to a form it filed with the Securities.

17 hours agoCharlie Mungers Daily Journal apparently cut its losses on Alibaba last quarter halving its stake after quadrupling the size of its wager in. The companys Alibaba stake is now worth about 45 million. America can learn from Communist China says Berkshires Charlie Munger Shares of Alibaba surged nearly 9 Thursday and have gained more.

In a recent regulatory filing The Daily Journal DJCO 095 disclosed that it had bought more shares of. However this time I believe Munger. 1 day agoCharlie Munger halved his stake in Alibaba China Stocks Alvin Chow Munger is a well-known China bull.

That is to buy companies on the cheap when they are out of favor. 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. 16 hours agoAlibaba trade timeline.

For years Munger led Daily Journal as chairman in addition to his role as a vice chairman at Warren Buffetts Berkshire Hathaway Inc. According to Barrons magazine this means it bought a net 300000 ADRs during Q4 of the Chinese. Charlie Munger was greedy when others were fearful over China and Alibaba this summer.

1 day agoDaily Journal the Los Angeles-based newspaper company tied to Charlie Munger just slashed its holding in Chinese e-commerce giant Alibaba in half.

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