Charlie Munger’s Firm Doubles Down on Alibaba Investment. Again.

2 years ago 444

Charlie Munger’s different steadfast has doubled down connected an concern successful Alibaba Group Holding for the 2nd consecutive quarter.

Munger is astir apt champion known arsenic the vice president of Berkshire Hathaway (ticker: BRKb). However, helium besides serves arsenic the president of Daily Journal (DJCO), and provides that steadfast with investing expertise. Daily Journal publishes newspapers and websites covering California and Arizona, and produces accusation services; it besides owns ample stakes successful stock, with a portfolio valued astatine $259 cardinal arsenic of Dec....

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