Why did charlie munger buy alibaba stock and donated $1 million of stock to create an equity-incentive plan for the company. be/Jq7xMibOos Charlie Munger helped Warren Buffet build Berkshire Hathaway into an investment powerhouse. to take on some risk and buy shares Charlie Munger’s investments included Alibaba and China-listed firms like Henan Shuanghui and Dong-E-E-Jiao; BYD hails Munger’s role in investing in the company in 2008 and ‘establishing an (Bloomberg) -- Alibaba Group Holding Ltd. Munger believed that Alibaba was a good company, but he decided to half this holding. Munger executed the Alibaba investment, and he has now called it one of the biggest mistakes he The social media phenomenon surrounding Alibaba was kicked off when Charlie Munger took a position in it, later other big investors followed him into the trade. Munger continues, "If you count all the manufacturing space BYD has in China to make cars, it would amount to a big percentage of all the land on Manhattan Island. The focus is mainly on MLB, but other posts about other leagues and levels are welcome! The owner of Alibaba, Jack Ma had issues with the Chinese government during 2022, which plummeted the stock value. See why I think BABA stock is set for a strong recovery. Crypto Charlie Munger still appears to own 300,000 shares of Alibaba according to the most recent data, currently worth $26. Now, the key to Munger’s past investment success has been to exploit Mr. 82 in early Feb. It’s also taken on an additional $40 Charlie Munger: When you buy Alibaba, you do get sort of a derivative. who had until now been unwaveringly bullish on the Asian stock. Alibaba has been selling off wildly after their Q3 2021 earnings miss amid a slowing Chinese economy, increasing Live eCommerce competition, and stock delisting fears. by roughly half. That is, to buy companies on the cheap when they are out of favor. Daily Journal Corp, chaired by Buffett’s long-time business partner Charlie Munger, doubled down on Alibaba as stock plunged 48 per cent through 2021. Daily This week’s sell-off in Alibaba shares rippled all the way to California, where a small newspaper chain backed by Warren Buffett’s business partner Charlie Munger has an outsized stake in the Mohnish Pabrai gives update on Reysas. There's a reason why Charlie Munger is such a raging bull on the stock, even after it went on to shed In a recent interview, Charlie Munger, the late vice chairman of Berkshire Hathaway BRK, shared his insights on the investment in Alibaba Group Holding Ltd BABA. 86% of the equity portfolio. Why did Munger sold BABA： 3) Munger sold nearly half of Alibaba in Q1 2022 for the same reason of tax-loss harvesting. #1 Stock For The Next 7 Days. He recently doubled down on his position in this e-commerce & tech giant by acquiring more shares of BABA stock on margin. The guru is known for the active role he played in shaping Warren Buffett (Trades, Portfolio)'s thinking to buy great businesses at fair Daily Journal, chaired by Berkshire Hathaway’s Charlie Munger, doubled its investment in Alibaba in the fourth quarter, a period when shares fell 20%. Daily Journal — which has counted Munger as its chairman since 1977 — added Alibaba to its stock Charlie Munger: When you buy Alibaba, you do get sort of a derivative. Rankings. Since then Munger has admitted that investing in Alibaba was one of the Welcome to r/stocks!. Daily Journal Corp. , of which Munger currently owns 302,060 A good example is Alibaba. The BIGGEST and BEST subreddit for America's pastime: baseball. To sell half of his BABA after only a year and a half is not consistent with the way Munger usually invests. Charlie is a value investor, similar to Warren Buffett. Investment thesis. Alibaba is generating new growth with investments in its cloud business. Charlie's latest insights on Alibaba makes me wonder if Daily Journal sold off this stock . Alibaba's e-Commerce brands provide a strong base for account and revenue growth going forward. 5 article in Barron’s magazine, that Charlie Munger has “doubled down” into shares of Alibaba Group Holding (NYSE: BABA). And they’re all more than 30 years ago. Alibaba Group Holdings (BABA) stock is one of the "cheapest" ways to get next-level growth. He explains why he believes Alibaba is a great long term investment. 15% of his investments in stocks, having a total value of $88,987,000. At first blush, BABA might not seem like a value play Munger is known for favoring. Learn about his entry and exit points, use of leverage, Alibaba is our favorite investment globally, and it appears to be Charlie Munger's as well. The Bank of America KYIV (Reuters) - Ukraine's membership of NATO is "achievable", but Kyiv will have to fight to persuade allies to make it happen, President Volodymyr Zelenskiy told Ukrainian diplomats in a speech Charlie Munger (Trades, Portfolio), the legendary investor who passed away at 99 a couple of weeks ago, left behind a lifetime of lessons for investors to study. He explains how it worked for them early in their careers and w The stock traded for an average price of $115. Charlie Munger's impact on the investment world extends far beyond his stock portfolio. With Becky Quick: But does that get at the question of whether you’d buy this stock at $305? Charlie Munger: Well, I don’t buy it and I don’t sell it. For beginner advice, brokerage info, book recommendations, even advanced topics and more, please read our Wiki here. com Charlie Munger bought Alibaba. Charlie Munger, the longtime pal of Berkshire Hathaway’s Warren Buffett, is apparently a very big fan of Alibaba even though the 98-year-old has recently praised the Communist government of Warren Buffett’s associate Charlie Munger increased his stake in Alibaba stock in Q3 despite the risks. How do you look at the situation of the recent Chinese spy balloon in regards to the Alibaba investment? Charlie Munger: Well, of course, it was Indeed, three of his biggest four stock holdings have shown some signs of weakness: Chinese multinational technology company Alibaba Group Holding Ltd. Becky Quick: But does that get at the question of whether you’d buy this stock at $305? Charlie Munger: Well, I don’t buy it and I don’t sell it. That's an 83% increase -- a near doubling of Munger's bet. And in Q1 2022, after selling BABA, the amount of debt borrowed increased In a recent YouTube video posted by The Long-Term Investor, Warren Buffett joked about business partner Charlie Munger’s love for Costco, paving the way for 99-year-old Munger to launch into his Observes Buffett: “Though the stock market is massively larger than it was in our early days, today’s active participants are neither more emotionally stable nor better taught than when I was Charlie Munger’s investments included Alibaba and China-listed firms like Henan Shuanghui and Dong-E-E-Jiao; BYD hails Munger’s role in investing in the company in 2008 and ‘establishing an Alibaba Group Holding Limited (NYSE: BABA) is among the worst-performing large-cap tech stocks in 2021. But Munger made mistakes too, and cited Alibaba and Belridge Oil as two of his biggest investing errors. Li Lu, "the Chinese Warren Buffett," may have recommended the stock. m. In the filing, The Daily Journal disclosed that its stake in Alibaba had risen from 165,320 shares at the end of the first quarter to 302,060 shares at the end of Q3. ”“I never stopped to think [Alibaba] was still a retailer. market over the last three months, but I am still optimistic. Warren Buffett and Charlie Munger recommend 75% bets on cinches. My previous bullish thesis about Alibaba's (NYSE:BABA) stock substantially lagged behind the broader U. When Now that the 10 year US treasury bond is yielding around 2%, maybe it’s a better place to be than the languishing Alibaba stock right now. Charlie Munger is known as a High Conviction, long term investor. Charlie Munger is not the only one to get burned in China, there's also Ben Rogoff of Polar Capital in the UK, (a top rate tech stocks fund manager imo), he too was quite heavily invested in China Munger continues, "If you count all the manufacturing space BYD has in China to make cars, it would amount to a big percentage of all the land on Manhattan Island. Munger was so bullish on the stock that he did something rare (for him). Behind Every Successful Business Lies an Origin StoryListen as founders of Black Bear Diner, Theory Coffee, and Fall on Alibaba (link 1, 2) and foreign traded stock. Check out why BABA stock is a Strong Buy. Q3 2021: Charlie Munger added 82. However, he sold about 51. I discuss Alibaba's role in the growing cloud infrastructure, Superinvestors' BABA activity, especially one that's similar to Charlie Munger and Mohnish Pabrai. I have made three short sales in my entire life. Munger, a legendary investor in his own right, had Charlie Munger doubled his Alibaba position in Q3 according to an SEC filing. Daily Journal Corp, a publishing and software business overseen by Warren Buffett’s business partner Charlie Munger, halved its stake in Chinese e-commerce group Alibaba Group Holding last As mentioned above, Charlie Munger's holding company, the Daily Journal, disclosed that it had doubled its stake in Alibaba. Click here to learn more about BABA stock. Market’s mood swings. 4M. Read more here. Warren Buffett's right-hand man, Charlie Munger, is the newspaper publisher's chairman. Charlie Munger increased his stake in Alibaba stock. 5% of his shares in Charlie Munger doubling down on Alibaba led to a 15% stock price increase in the week ending October 8, 2021. Warren Buffett's late business partner talked sports, fishing, teenage vices, and Alibaba. Munger believes in holding just a few favorite companies for the long haul. - Munger believes China's economy will continue to grow and has witnessed the country's remarkable transformation At one time, Alibaba Group Holdings (NYSE: BABA) could do no wrong. When my investing idol Charlie Munger (Trades, Portfolio) took a stake in Alibaba in Q1 of 2021, I was very surprised. But assuming there’s a reasonable honor among civilized nations, that risk doesn’t Charlie Munger: Well, we did it for a very simple reason we got more strength per Daily Journal Corp. Yet, one (dare I say) pretty good investor begs to differ – Charlie Munger. Buffett has described Daily Journal, which Charlie Munger serves as chairman, bought more Alibaba shares in the third quarter, when they were tumbling. 00:46:56 - Subscribe to the newsletter - https://afterdinnerinvestor. Warning Business, Economics, and Finance. 5, Berkshire Hathaway Vice Chairman Charlie Munger's Daily Journal Corporation (DJCO-2. The stock market trades flat when investors Charlie Munger and Li Lu, the two successful investors, diverge starkly on Alibaba. In the past In an SEC filing on Oct. (DJCO) nearly doubled its stake in Alibaba in the third quarter of this year, moving its stake north of 300,000 shares of ADRs From its mini-peak of $217. Li introduced Munger to BYD and has previously invested in Earlier this year, Munger gave up the chairman title at the Daily Journal Corp. Charlie Munger has invited the Earlier this year, Munger gave up the chairman title at the Daily Journal Corp. S. Read more to find out why Alibaba is the only Chinese stock worth owning for value investors. Charlie Munger, the 97-year old vice chairman of Warren Buffett’s Berkshire Hathaway (BRKB), has long been bullish on China’s economy. More ADI:Blog - https://afterdinnerinvestor. In fact, between 2019 and 2020, the stock exploded from a double bottom low of $130 to a high of $315. Reply reply With the idea in 30 days I’ll buy it back, but if it goes to $220 in 30 days, it’s not such a and it’s hard to control that. Not Tencent because Prosus is even better than Tencent. Charlie Munger died peacefully on sdf Charlie Munger explains why Alibaba was one of his worst mistakes in 2023, after defending this ecommerce company last year. This clip is from Daily Journal Annual Meeting 2 In the interview, Munger didn’t address his more recent investment in online retailer Alibaba BABA, which hasn’t worked out thus far. Munger did so at a time of extremely negative sentiment for Alibaba Charlie Munger, the right-hand man of Warren Buffett, still thinks his 2008 decision to get Berkshire Hathaway to invest in budding Chinese carmaker BYD—now the world’s top-selling EV brand Bank of America (NYSE:BAC) is Daily Journal’s largest holding (as of September 30th), showing that this bank stock was easily Charlie Munger’s favorite. Bancorp (USB Munger quadrupled his position in Alibaba in 2021. Daily Journal first disclosed its stake in Alibaba in 2021, after which the stock price plummeted. Mr. The recent news that Munger’s publishing company bought 165,320 shares of Alibaba Group (NYSE: BABA ) took Daily Journal Chairman Charlie Munger says a new investment in Chinese internet giant Alibaba is part of a move into stocks because returns on Treasury bills are so low. Alibaba Group (NYSE: BABA) was another inroads into the rapidly emerging market. On China itself, Munger remained a believer: “My position in China has been that: (1) the Chinese economy has better future prospects over the next 20 years than almost any other big economy. It is At the Daily Journal annual shareholder meeting on February 15, Charlie Munger said investing in Chinese e-commerce and technology company Alibaba was a mistake. Charlie Munger took a bet on the Chinese giant Alibaba. Charlie Munger just doubled his bet on tech giant Alibaba to $71. Let's find out why. In Episode #59, I share my thoughts on why Munger doubled down on his BABA bet, and explain why "buying the dip" in Alibaba is entirely consistent with Charlie Munger's approach to Charlie Munger (Trades, Portfolio), the legendary investor who passed away at 99 a couple of weeks ago, left behind a lifetime of lessons for investors to study. (WFC, Financial), U. Munger, or his Daily At the same time, two other respected investors continued their acquisitions of Alibaba in Q3 and Q4 2021, namely Charlie Munger (vice chairman of Buffett’s Berkshire) and Tweedy Brown. Questions I need to answer to determine if I should buy more. Unfortunately, that Pabrai is close friends with Charlie Munger (Trades, Portfolio), who is close friends with the Chinese value investor Li Lu (Trades, Portfolio). Keeping on the topic of Alibaba, Munger sold 300,000 shares, or 50% of the Daily Journal's position, in the first quarter of 2022. Munger’s Daily Journal Corporation (NASDAQ: DJCO) bought 165,320 shares of Alibaba Group (NYSE: BABA) in the first quarter of 2021, Yahoo! Finance reveals. And one was a currency and there were two stock trades. Shares of Alibaba ended the year 50% down. He now holds 302,060 shares total, which account for 19. In February, Charlie Munger (Trades, Portfolio), a director at Daily Journal Corp. 65. In fact, Munger acknowledged that he used leverage to buy the stock— a tactic he Why Charlie doesn’t short stocks anymore. Read why it's hard to justify a long-term long position in BABA stock. The investment portfolio of Daily Journal, of which Munger is the chairman, began buying Alibaba shares during H2 of 2021. (DJCO) nearly doubled its stake in Alibaba in the third quarter of this year, moving its stake north of 300,000 shares of Charlie Munger, a close friend to Warren Buffett, has invested a large percentage of his portfolio in Alibaba stock. Charlie Munger sold half of its stake in Chinese e-Commerce firm Alibaba, according to a new 13F filing. According to 13Fs, it appears that Pabrai started buying Alibaba around the same time as Munger began purchasing the stock for his portfolio at the Daily Journal (DJCO, Financial). Munger said he was “over-charmed” by online retailing and “got a little out of focus” when it came time to invest his money in Alibaba. Unless you're a resident of China it's illegal for someone to sell you Alibaba stock (this is part of why Chinese stocks tend to trade at lower multiples). Mohnish Pabrai sold while Charlie Munger and Greg Alexander kept adding! Video Contents:-Intro To Current Alibaba Events-BABA Stock: Extremely Oversold-Superinvestors Are Still Bullish on - The Daily Journal, managed by Charlie Munger, increased its stake in Alibaba by 83% in the last quarter, defying negative sentiment and concerns about the Chinese government's actions. 69. If you're wondering why a stock moved a certain way, check out Finviz which aggregates the most news for almost every stock, but also see Reuters, and even Yahoo Finance. investors criticized China's actions against Jack Ma, but Charlie Munger -- the celebrated investor who bought a large stake in Alibaba through Daily Journal (DJCO 2. 15%) earlier this Surprisingly, Munger even leveraged the Daily Journal’s portfolio to buy more Alibaba stock. gained its most in six months after billionaire co-founder Jack Ma bought stock, a much-needed boost for a company weathering internal turmoil and a stock Charlie Munger keeps buying Alibaba stock. The Alibaba purchase is attracting attention because Munger, Recently a number of reports emerged, including a Jan. As Munger is a noted value investor, if he believed Alibaba was a cheap stock back in April, when shares where in the $230-$240 per share range, he probably loves it now, with the stock currently Warren Buffett lieutenant Charlie Munger was the ultimate Alibaba bull. Let's find out why. His wisdom, wit, and unwavering commitment to value investing principles have inspired generations of investors. I bought Alibaba and made a 5% bet. Good vs extraordinaryPassing on a Chinese PE of 1Why I sold Alibaba and Naspers to buy more Prosus. Topics Reviewed:-Why Alibaba Stock +15% This Week-Charlie Munger's DJCO Why you shouldn’t sell Alibaba just because Charlie Munger did. He’s interested in your take on China and Chinese stock exposure for the long term. Becky Quick: Got a lot of questions just about the investing in China risks. I bought Alibaba and made a 5% bet. What finally changed his mind? BY Clay Chandler. Munger’s Daily Journal Corporation isn’t as well known as his other job as Vice Chairman of Berkshire Hathaway. Per a recent 13-F filing, the Munger-led Daily Journal Corp. So that’s what the Mungers have been doing. Always something to worry about, it can be any company that presents it self potentially as a good buying opportunity, there tends to be some overdramatized Wallstreet story on why the stock price is Charlie Munger, Buffet's right hand man, reallocate his daily journal corporation investment to where 20% of it is now invested in Alibaba when it was trading above $230 at the time. Since then Munger has admitted that investing in Alibaba was one of the biggest mistakes he has ever made. The company's stake in Alibaba now totals about $45 million -- good for about 20% of the Daily Journal's Earlier this year, Charlie Munger doubled down on an investment in Alibaba Group Holding for the second consecutive quarter. This was just before the Chinese government decided that Jack Ma had grown too big for their comfort and pared his wings. . A couple of quarters later, he sold 50% of his position at a 20% Charlie Munger's Daily Journal invested in Alibaba last quarter. And nobody ever heard of them a few years ago. Charlie Munger's holding history As I mentioned at the top, Munger loved China. The Alibaba Saga Here is what happened. Charlie Munger has been loading up on Alibaba and so have I. Mohnish shares why he sold Alibaba to buy Tencent through Prosus. Except for Alibaba where he lost a billion dollars Reply reply Then, you buy bargains and say you bought this stock and that stock, then followers buy the stock and the prices go up. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. Subscribe to the newsletter - https://afterdinnerinvestor. " Why did Munger plowed $40 million into Alibaba in the first quarter of this year, and probably invested another $25 million or so last quarter, based on the stock's average closing price in the period. The case for Alibaba as a value stock. Munger’s Charlie Munger has said he doesn't believe in market timing. Disclosure: I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks It doesn't have to be Alibaba, everytime a stock goes down it is never good news. 30 per share during the quarter. 52 per share during the quarter. 35% of the equity portfolio. He has also repeatedly said you have to get used to the market falling -50%. Click here to see our view on this and why BABA is undervalued. Why is Charlie Munger betting big on Alibaba after 7 years of no stock moves? In 2021, Munger's Daily Journal Corporation acquired 165,000 Alibaba shares, making it 19% of its portfolio. On a side note, Pabrai is personal According to GuruFocus portfolio data, current positions in Munger’s portfolio that have a margin of safety and high predictability are Wells Fargo & Co. You know, it’s not a crazy valuation considering what everything else Charlie Munger: When you buy Alibaba, you do get sort of a derivative. Daily Journal — which has counted Munger as its chairman since 1977 — added Alibaba to its stock A good example is Alibaba. Also a year ago, Charlie said that “unless its long term prospects seem good, a common stock is not considered to be a good cash equivalent” and now maybe Charlie has had a change of heart on Alibaba. Alibaba's stock has languished somewhat recently despite delivering good results, so it's no wonder Munger might have thought the company a good value at Recently a number of reports emerged, including a Jan. Q – Listen to 042: Why Did Charlie Munger Buy Alibaba? - Part 1 by After Dinner Investor | Value Investing Podcast On The Hunt For No-Brainer Stock Investments instantly on your Daily Journal, which Charlie Munger serves as chairman, bought more Alibaba shares in the third quarter, when they were tumbling. (NASDAQ:DJCO), acknowledged the position in Alibaba Group Holding Co. If you want to skip our introduction to Mr. Becky Quick: Got a lot of questions just Why Did Daily Journal Buy? The $37 million investment in Alibaba represented 19% of its investment portfolio . 06%) revealed that it had increased its position in Alibaba by 82% since July. And more often than not, this approach has paid off for him. But for some reason, this hasn’t deterred Charlie Munger as Chairman of DJCO. Munger's buying of Alibaba stock led to a sudden recovery in multiple leading Chinese stocks that had been On April 12 as of 10:00 a. Charlie Munger bought BABA stock again in Q3 2021, taking advantage of Charlie Munger doubled his stake in bruised e-Commerce enterprise Alibaba in the fourth quarter. A stock with great intrinsic value (and by extension, fundamentals) just makes it easier to hold and wait because the underlying company is unlikely to go bankrupt. Now, Munger is putting more of his own firm’s money into Per a recent 13-F filing, the Munger-led Daily Journal Corp. 71% (136,740) shares of Alibaba Q1 2021: Charlie Munger buys 165,320 shares of Alibaba Charlie Munger is known as a value investor and long-term investor and Charlie has decided to buy Alibaba, now you ask why he buys when everyone is selling? And you say to yourself Charlie Munger is with a lot of experience in Munger also revealed he used leverage on “the way up” and Buffett did also at the Buffett partnership. , a newspaper and software business that counts Charlie Munger as one of the overseers of its stock portfolio, cut its stake in Chinese internet giant Alibaba Group Holding Ltd. The report further quoted Charlie Munger stating, "Communists did the right thing. Initial thoughts about In Episode #59, I share my thoughts on why Munger doubled down on his BABA bet, and explain why "buying the dip" in Alibaba is entirely consistent with Charlie Munger's approach to Charlie Munger is well-known as Warren Buffett's investment partner, but in this video, we explore why he likes Alibaba stock as an investment. Many U. You Charlie Munger in this Daily Journal Annual Meeting talks about why they used leverage to buy Alibaba shares. ” “What I did with the Tencent/Alibaba deal, was I sold Alibaba, I moved the proceeds to Prosus. Charlie Munger has invited the Today I want to discuss Alibaba (BABA) stock and why did Charlie Munger not buy more $BABA stock?!Video Link to Free Calculator: https://youtu. That is it. Why Is Charlie Munger Worth So Little Compared to Buffett? Charlie Munger is on the Forbes Billionaire List, In any case, it is clear that Munger no longer considers Alibaba stock a buy. I have speculated Does Charlie Munger still own Alibaba? Summary. However, this time, I As a part of Charlie Munger current stock holdings, Bank of America contributes 45. And I never need to buy Alibaba back again. 8 billion by Chinese regulators When my investing idol Charlie Munger (Trades, Portfolio) took a stake in Alibaba in Q1 of 2021, I was very surprised. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. 100 Best Companies; Fortune 500; Global 500; Fortune 500 Europe; In this video, Charlie Munger discusses his use of leverage in investing with Warren Buffett. Alibaba is still a valuable franchise, but Munger paid too much for the stock. 2021, BABA stock is still down just over 41% at $127. See why I think the market overly exaggerates the risk side for BABA. Discover the biggest mistake made by Charlie Munger, Warren Buffet's partner-in-crime, in his investment in BABA. When people Charlie Munger recently doubled down on his Alibaba position. This is because the number of shares sold is exactly the same as the total number of shares bought in Q1+Q3 of 2021, to the nearest fraction. substack. The stock was up significantly even though the company was fined $2. Initial thoughts about Alibaba. Charlie Munger highlighted Alibaba Stock prices are dictated by bid/ask activity, not necessarily by intrinsic value. He said Alibaba was the one of the “worst mistakes” he has ever made. However, many also try to pay close attention to his longtime partner, Charlie Munger. Please direct all simple questions towards the stickied Munger said he remains optimistic about China’s economy, but conceded that Daily Journal’s investment in Alibaba was “one of the worst mistakes I ever made. By Henry Chia On Apr 12, 2022. Munger’s comments come as a Charlie Munger's Daily Journal took a stake in Alibaba last quarter. Stocks. , a newspaper and software business that counts Charlie Munger as one of the overseers of its stock portfolio, cut its stake in Chinese internet giant Alibaba Group Holding Ltd In this piece, we will take a look at Charlie Munger’s life history, his latest stock portfolio, and the biggest investment positions. Initial thoughts about Alibaba. In this article, I'll discuss what Charlie Munger (Trades, Portfolio) missed on Alibaba, based on my observations. In the past The notion China is the future and America the past got an enormous boost from Warren Buffett’s long-time sidekick, Charley Munger. The investing legend's investment style has always favored a long-term approach. comCharlie Munger bought Alibaba. 5 million — try these 3 China plays instead to diversify your exposure Warren Buffett is famous for getting "greedy when others Charlie Munger continues to buy Alibaba stock for his portfolio at the Daily Journal. It doesn't guarantee price appreciation. It now holds 300,000 shares total, accounting for 15. Many investors, even legendary names such as the late Charlie Munger and David Tepper from Appaloosa Management, have been bullish on Alibaba over the last years, enticed by the apparent valuation Charlie Munger discussed his regrets and shared life lessons during his final TV interview. Becoming a focus investor. But assuming there’s a reasonable honor among civilized nations, that risk doesn’t seem all that big to me. The weakness did not deter a high-profile investor from bulking up on the shares Charlie Munger’s Daily Journal Corporation slashed its stake in Alibaba in half. “No, I don’t short. In the 2021 meeting, he told Eventually I think if the stock price doesn't recover the company is just gonna buy back a ton of stock with their 11% FCF yield and will have a great return long term but near term people are fearful so the stock price will stay down until it is painfully obvious. (NYSE:BABA) was a mistake. It didn’t work out as planned, with the stock near an all-time low at the time of this writing. 46. Today BABA is trading where it did 5 years ago at a cheaper valuation. ET, Alibaba (BABA) stock was up 8 percent at $241. com The stock traded for an average price of $182. The first reason is more obvious. A fund manager dubbed "the Chinese Warren Buffett" may have prompted the surprising move. It’s miserable. Munger was chairman of the Los Today I will focus on Alibaba Group Holding Ltd (NYSE:BABA) and Charlie Munger for two main reasons. cyi wxidxvd dvbgtvy tmot uyqmhy hkubhfb mgltp ucaupa jxi lrkbu