Charlie Munger Alibaba

Bloomberg -- Daily Journal Corp a newspaper and software business that counts Charlie Munger as one of the overseers of its stock portfolio cut its stake in Chinese. America can learn from Communist China says Berkshires Charlie Munger.

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8 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 second half of 2021 a regulatory filing revealed.

. Charlie Munger recently doubled down and defended his position in Alibaba. In the BABA episode the actor switches to Buffetts like-minded partner Charlie Munger. Charlie Mungers other firm has doubled down on an investment in Alibaba Group Holding for the second consecutive quarter.

The average Alibaba price target is 18879 implying an upside of 52. In the past I. Many investors look upon Munger as an influential investor and take heed in the things he say and do.

Disclosed it has cut its stake in the Chinese Internet and e-commerce giant Alibaba in half. Analyst price targets range from a low of 14000 per share to a high of 25000 per share. Charlie Munger the longtime pal of Berkshire Hathaways Warren Buffett is apparently a very big fan of Alibaba.

5 article in Barrons magazine that Charlie Munger has doubled down into shares of Alibaba Group Holding NYSEBABA. Shares of Alibaba surged nearly 9 Thursday and have gained. The Bottom Line on Alibaba Stock.

As you can see from the chart below he doubled his stake in. Bloomberg -- Daily Journal Corp a newspaper and software business that counts Charlie Munger as one of the overseers of its stock. 1 day agoMunger-Tied Daily Journal Slashes Its Alibaba Stake in Half.

According to Barrons magazine this means it bought a net 300000 ADRs during Q4 of the Chinese. Recently a number of reports emerged including a Jan. Focus on Alibabas e-Commerce possibilities in China and abroad including the expanding addressable market and significant.

He doubled the position in Alibaba at the start of 2022. Daily Journal the Los Angeles-based. Alibaba shares edged down by 1 Monday as Charlie Mungers Daily Journal Corp.

1 day agoCharlie Munger-linked Daily Journal cuts Alibaba stake in half. Charlie Munger is teaching the market a lesson here once again. The companys Alibaba stake is now worth about 45 million.

Yes you can make money in Alibaba if you are a short-term trader looking for a short-term bounce in the stock. In the meantime expect Charlie Munger to continue building his stake in Alibaba on further weakness. Charlie Munger at Berkshire Hathaways annual meeting in Los Angeles California.

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. 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. 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.

The growth rate for the same quarter in 2020 was 37. 21 hours agoMunger is a well-known China bull. 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.

Investors considering Alibaba as a possible value might want to see the stock price just goes sideways for awhile instead of just down. Even though the 98-year-old has recently praised the Communist government of. Its hard to dismiss Charlie Mungers investment acumen.

Couple that with the unpredictability of the CCP and Alibabas future is uncertain at best. 1 day agoMunger-Tied Daily Journal Slashes Its Alibaba Stake in Half. But I believe Mungers long-term investment in Alibaba is a mistake.

Munger Loves Alibaba A recent filing by DJCO showed that it ended 2021 with 602060 Alibaba ADRs. Today shares of Alibaba are trading where they did 5 years ago and at a much cheaper valuation. Shares in recent months.

This week Munger and company turned some heads when the Daily Journal disclosed a 37 million stake in Chinese e-commerce giant Alibaba Group Holding good for 19 of the companys equity.

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