Munger, who turned 98 on New Year's 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 .
Charlie Munger, the 97-year old vice chairman of Warren Buffett’s Berkshire Hathaway (BRKB), has long been bullish on China’s economy. Now, Munger is putting more of his own firm’s money into one .
Munger’s “Daily Journal Corp DJCO +0.4% ” just picked up a substantial amount of the Chinese internet company Alibaba, adding to the good amount already owned. He’s chairman of Daily Journal and .
Charlie Munger was first buying Alibaba shares in Q1 2021 for the Daily Journal. Munger then doubled his position in the 2nd half of the year as the stock continued to fall. However, he now seems to be reversing course.
Oct 28, 2021 7:46 PM EDT. The Street’s Kevin Curran has two iconic Wall Street legends in his sight - Berkshire Hathaway Vice-Chairman Charlie Munger and Alibaba Group ( BABA) - Get Alibaba.
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