Base on his age, status and ex

2022-01-05

Base on his age, status and experience of Charlie Munger, he can definitely be trusted. The older he grows the more fearful he is, he also has better first hand information than anyone else so is worth to trust him. However is just a matter of time only the price will sure back to normal as it was before. Secondly, he bought the shares again just perhapsto average out and will make bigger profit when it shoots up. Alibaba can say is the largest firm listed in US, if it is delisted, surely no Chinese firm will exist in US stock market so is it possible to come to such a plight? Unless 3rd world war is coming soon……

Charlie Munger's Daily Journal nearly doubles stake in China's Alibaba

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Secondly, he bought the shares again just perhapsto average out and will make bigger profit when it shoots up.&nbsp;Alibaba can say is the largest firm listed in US, if it is delisted, surely no Chinese firm will exist in US stock&nbsp;market so&nbsp;is&nbsp;&nbsp;it possible to come to such a plight? Unless 3rd world war is coming soon……</p></body></html>","htmlText":"<html><head></head><body><p>Base on his age, status and experience of&nbsp;Charlie Munger, he can definitely be trusted. The older he grows the more fearful he is, he also&nbsp;has better first hand information than anyone else so is worth to trust him. However is&nbsp;just a matter of time only the price will sure back to normal as it was before. Secondly, he bought the shares again just perhapsto average out and will make bigger profit when it shoots up.&nbsp;Alibaba can say is the largest firm listed in US, if it is delisted, surely no Chinese firm will exist in US stock&nbsp;market so&nbsp;is&nbsp;&nbsp;it possible to come to such a plight? Unless 3rd world war is coming soon……</p></body></html>","text":"Base on his age, status and experience of Charlie Munger, he can definitely be trusted. The older he grows the more fearful he is, he also has better first hand information than anyone else so is worth to trust him. However is just a matter of time only the price will sure back to normal as it was before. Secondly, he bought the shares again just perhapsto average out and will make bigger profit when it shoots up. Alibaba can say is the largest firm listed in US, if it is delisted, surely no Chinese firm will exist in US stock market so is it possible to come to such a plight? Unless 3rd world war is coming soon……","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9008325543","repostId":2201728876,"repostType":4,"repost":{"id":"2201728876","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1641335426,"share":"https://www.laohu8.com/m/news/2201728876?lang=&edition=full","pubTime":"2022-01-05 06:30","market":"us","language":"en","title":"Charlie Munger's Daily Journal nearly doubles stake in China's Alibaba","url":"https://stock-news.laohu8.com/highlight/detail?id=2201728876","media":"Reuters","summary":"Jan 4 (Reuters) - Daily Journal Corp, the publishing and technology company in which Warren Buffett'","content":"<html><head></head><body><p>Jan 4 (Reuters) - Daily Journal Corp, the publishing and technology company in which Warren Buffett&#39;s longtime business partner Charlie Munger is chairman, said it has nearly doubled its stake in Chinese e-commerce giant Alibaba Group Holding.</p><p>The U.S. company raised its holding by 99.3% to 602,060 sponsored American Depository Shares as of Dec. 31, Daily Journal said in a regulatory filing on Tuesday, making the stake worth about $72 million as of Jan. 4.</p><p>Munger, 98, has long been bullish on China.</p><p>Alibaba&#39;s U.S.-listed shares had in 2021 lost more than 48% of their value.</p><p>On Tuesday, the shares pared losses and closed down 0.7% at $119.56.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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