Is Charlie Munger Right about Alibaba (BABA)? — Market Mad House
Published in
4 min readApr 19, 2021
The notion China is the future and America the past got an enormous boost from Warren Buffett’s long-time sidekick, Charley Munger.
Munger’s Daily Journal Corporation (NASDAQ: DJCO) bought 165,320 shares of Alibaba Group (NYSE: BABA) in the first quarter of 2021, Yahoo! Finance reveals. The Alibaba purchase is attracting attention because Munger, like his friend Buffett, is a legendary value investor known to be bullish on America.
