Charlie Munger, the longtime pal of Berkshire Hathaway's Warren Buffett, is a very big fan of Alibaba...
Munger, who is a vice chairman at Berkshire Hathaway (BRKB), also runs his own publicly-traded company, newspaper publisher, and investment firm, Daily Journal (DJCO), which has nearly doubled its stake in Alibaba (BABA) for the second time in recent months.
According to the latest filing with the Securities and Exchange Commission, Daily Journal owned 602,060 shares of Alibaba as of the end of 2021, a stake worth $71.5 million. That's almost double its holdings as of the prior quarter when Daily Journal owned 302,060 Alibaba shares, valued at the time at $44.7 million.

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Charlie Munger: Why NOW is a Good Time to BUY Chinese Tech Giants, Ali Baba

Table of Contents

00:00 Introduction
00:38 Only the future knows who is right
01:00 More value in China
02:10 China Risk
03:00 VIE Structure
03:40 More bang for our buck
04:27 China and US tensions
06:00 Conclusion




#charliemunger #DailyJournal #CharlieMungerChina

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Disclaimer: I’m not a financial advisor. The information contained in this video is for educational and entertainment purposes only. Any recommendations shown during the video should not be considered financial advice and you should consult a licensed financial advisor before making any investment decisions. Books I have read and highly recommend, if you are just starting out on your investing journey I recommend starting at the top of your list and working your way down.

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