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Charlie Munger just doubled his bet on tech giant Alibaba to $71.5 million try these 3 China plays instead to diversify your exposure

January 6, 2022
Source: dailymagazine.news dailymagazine.news
News Snapshot:
Charlie Munger just doubled his bet on tech giant Alibaba to $71. Warren Buffett is famous for getting "greedy when others are fearful." And his right-hand man Charlie Munger isn't opposed to going against the herd, either. Best known as Berkshire Hathaway's vice chairman and Buffett's long-time business partner, Munger also serves as the chairman of Daily Journal, a newspaper publisher with a sizable stock portfolio of its own. In a Tuesday filing with the Securities and Exchange Commission, it was revealed that Munger's firm nearly doubled its stake in Chinese ecommerce gorilla Alibaba Group to 602,060 shares - an...
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