Charlie Munger Touts Apple and Alibaba, Slams Bitcoin at Daily Journal Annual Meeting

Seeking Alpha2022-02-17

Investor Charlie Munger, is best-known as the No. 2 man at Warren Buffett's Berkshire Hathaway (NYSE:BRK.A). But, Munger is a noted investor in his own right, as he serves as chairman and manager of ...

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Success88
·2022-02-20
Great
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koolgal
·2022-02-20
Charlie Munger certainly does not hold back his opinion on his investing strategies. He believes in Apple, Alibaba but does not like Bitcoin. At 98 years old, he is still very active in investing and looks like he will be around for a long time. Go Charlie!
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24
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SK19
·2022-02-17
💪💪💪
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JLSW86
·2022-02-17
Aye aye Charlie 🥂
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4
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vincentheng8
·2022-02-17
All in aapl
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2
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BlueBear
·2022-02-17
Lets hope he is right
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Tiyenger
·2022-02-17
Always love the assurance from him. We need to remember that when we buy the shares, we are buying a percentage ownership of the company, and the business. Baba and all the other companies he mentioned are fundamentally good businesses.
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4
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tanbw
·2022-02-17
Wise man
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1
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seojun
·2022-02-17
Oh yeah!!!
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3
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Dave Fu
·2022-02-17
A wise man of his age n experience tells thetruth ! All the way Baba !
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10
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nanehz07
·2022-02-17
Like
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5
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GggSlimeR
·2022-02-17
Do not like my comment
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2
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LimLS
·2022-02-17
He is optimistic on BABA. BABA as a business, many of us also feel good about it especially with the growth of its cloud business. Only worry is the Chinese gov. Hopefully it will pass soon and the shareholders will be rewarded for having faith in BABA
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9
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LuckyPiggie
·2022-02-17
Good news for BaBa
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WB13
·2022-02-17
👍
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pennylks
·2022-02-17
Legend [Like]
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JQC
·2022-02-17
Wisdom [smile]
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ming22
·2022-02-17
Will share price go 🚀
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MrTig3r
·2022-02-17
power
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Toby_Chua
·2022-02-17
Strong baba supporter
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But, Munger is a noted investor in his own right, as he serves as chairman and manager of ...</p>\n\n<a href=\"https://seekingalpha.com/news/3800969-charlie-munger-touts-apple-and-alibaba-slams-bitcoin-at-daily-journal-annual-meeting\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4507","symbol_name":"流媒体概念","start_time":0,"source_url":"https://seekingalpha.com/news/3800969-charlie-munger-touts-apple-and-alibaba-slams-bitcoin-at-daily-journal-annual-meeting","article_id":"2212696660","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2212696660","pubTimestamp":1645055922,"sourceInfo":null,"weMediaInfo":null,"summary":"Investor Charlie Munger, is best-known as the No. 2 man at Warren Buffett's Berkshire Hathaway (NYSE","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4507":"流媒体概念","BABA":"阿里巴巴","BK4501":"段永平概念","BK4505":"高瓴资本持仓","BK4550":"红杉资本持仓","AAPL":"苹果","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4515":"5G概念","BK4559":"巴菲特持仓","BK4170":"电脑硬件、储存设备及电脑周边","BK4553":"喜马拉雅资本持仓","BK4111":"出版","BK4534":"瑞士信贷持仓","BK4527":"明星科技股"},"translate_title":"查理·芒格在《每日日报》年会上吹捧苹果和阿里巴巴，抨击比特币","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":1,"BABA":0.9},"content_text":"Investor Charlie Munger, is best-known as the No. 2 man at Warren Buffett's Berkshire Hathaway (NYSE:BRK.A). But, Munger is a noted investor in his own right, as he serves as chairman and manager of Daily Journal's investment arm. And, it was at Daily Journal's annual meeting, Wednesday, where Munger voiced his thoughts about a handful of trends and companies in the tech sector, in particular.Among the topics Munger addressed were Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOG), which he said he expected to remain strong companies even 50 years from now.GameStop (NYSE:GME) also received some commentary from Munger, who called the recent short squeeze in the videogame retailer's stock an example of \"wretched excess.\" Munger had similar feeling about cryptocurrencies, in general, calling Bitcoin (NYSEARCA:BTC), in particular \"rat poison\".Munger also said he was more comfortable about investing in China than his Berkshire (BRK.A) partner, Buffett, and that he didn't mind holding some margin debt in Chinese Internet and e-commerce giant Alibaba (NYSE:BABA). Munger said that Chinese companies are stronger in relation to their competitors, and are also cheaper than their U.S. counterparts.In January, Munger boosted his stake in Alibaba (BABA) by buying 300,000 more shares of the company's stock.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9097363157,"gmtCreate":1645338584790,"gmtModify":1676534020285,"author":{"id":"4101948424484190","authorId":"4101948424484190","name":"Success88","avatar":"https://static.itradeup.com/news/4408e1a22d73e99adb53aa65dde8ad91","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"4101948424484190","idStr":"4101948424484190"},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9097363157","repostId":2212696660,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9097389479,"gmtCreate":1645335039894,"gmtModify":1676534019962,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1,"authorIdStr":"3559581955535845","idStr":"3559581955535845"},"htmlText":"Charlie Munger certainly does not hold back&nbsp; his opinion on his investing strategies.&nbsp; He believes in Apple, Alibaba but does not like Bitcoin.&nbsp; At 98 years old, he is still very active in investing and looks like he will be around for a long time.&nbsp; Go Charlie!&nbsp;","listText":"Charlie Munger certainly does not hold back&nbsp; his opinion on his investing strategies.&nbsp; He believes in Apple, Alibaba but does not like Bitcoin.&nbsp; At 98 years old, he is still very active in investing and looks like he will be around for a long time.&nbsp; Go Charlie!&nbsp;","text":"Charlie Munger certainly does not hold back his opinion on his investing strategies. He believes in Apple, Alibaba but does not like Bitcoin. At 98 years old, he is still very active in investing and looks like he will be around for a long time. Go Charlie!","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":24,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9097389479","repostId":2212696660,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094146502,"gmtCreate":1645096924300,"gmtModify":1676533996459,"author":{"id":"3577755293052640","authorId":"3577755293052640","name":"SK19","avatar":"https://static.tigerbbs.com/ee6b25332525b16399562f21677fa1cd","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3577755293052640","idStr":"3577755293052640"},"htmlText":"💪💪💪","listText":"💪💪💪","text":"💪💪💪","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094146502","repostId":2212696660,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094110887,"gmtCreate":1645077457963,"gmtModify":1676533995037,"author":{"id":"3582773476462490","authorId":"3582773476462490","name":"JLSW86","avatar":"https://static.tigerbbs.com/0ebdaffab904960245c9856587e06859","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582773476462490","idStr":"3582773476462490"},"htmlText":"Aye aye Charlie 🥂","listText":"Aye aye Charlie 🥂","text":"Aye aye Charlie 🥂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094110887","repostId":2212696660,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094374897,"gmtCreate":1645070247658,"gmtModify":1676533994225,"author":{"id":"3577147024133490","authorId":"3577147024133490","name":"vincentheng8","avatar":"https://static.tigerbbs.com/177fda2264ab2bd83ccfc55eb70c57a4","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3577147024133490","idStr":"3577147024133490"},"htmlText":"All in aapl&nbsp;","listText":"All in aapl&nbsp;","text":"All in aapl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094374897","repostId":2212696660,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094378111,"gmtCreate":1645069545359,"gmtModify":1676533994132,"author":{"id":"4088558046227310","authorId":"4088558046227310","name":"BlueBear","avatar":"https://static.tigerbbs.com/a4c78e4c05c47b817a29daef055b1378","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":8,"crmLevelSwitch":1,"authorIdStr":"4088558046227310","idStr":"4088558046227310"},"htmlText":"Lets hope he is right","listText":"Lets hope he is right","text":"Lets hope he is right","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094378111","repostId":2212696660,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094373918,"gmtCreate":1645069217256,"gmtModify":1676533994082,"author":{"id":"3581934394230212","authorId":"3581934394230212","name":"Tiyenger","avatar":"https://static.tigerbbs.com/19f86e7f2a2c2bdd786b78dfd45bd48b","vip":1,"hat":"https://static.tigerbbs.com/f84859c65fc2d7681e28f6b8e9b0535a","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3581934394230212","idStr":"3581934394230212"},"htmlText":"Always love the assurance from him. We need to remember that when we buy the shares, we are buying a percentage ownership of the company, and the business. Baba and all the other companies he mentioned&nbsp; are fundamentally good businesses.","listText":"Always love the assurance from him. We need to remember that when we buy the shares, we are buying a percentage ownership of the company, and the business. Baba and all the other companies he mentioned&nbsp; are fundamentally good businesses.","text":"Always love the assurance from him. We need to remember that when we buy the shares, we are buying a percentage ownership of the company, and the business. Baba and all the other companies he mentioned are fundamentally good businesses.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094373918","repostId":2212696660,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094347022,"gmtCreate":1645068685292,"gmtModify":1676533994011,"author":{"id":"4091156612166600","authorId":"4091156612166600","name":"tanbw","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"4091156612166600","idStr":"4091156612166600"},"htmlText":"Wise man","listText":"Wise man","text":"Wise man","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094347022","repostId":2212696660,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094342833,"gmtCreate":1645067944714,"gmtModify":1676533993939,"author":{"id":"4087771643270940","authorId":"4087771643270940","name":"seojun","avatar":"https://static.tigerbbs.com/3bd9ce06b0a58d0a81582641f6566970","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"4087771643270940","idStr":"4087771643270940"},"htmlText":"Oh yeah!!!","listText":"Oh yeah!!!","text":"Oh yeah!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094342833","repostId":2212696660,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094346100,"gmtCreate":1645067809525,"gmtModify":1676533993922,"author":{"id":"3582630305022272","authorId":"3582630305022272","name":"Dave Fu","avatar":"https://community-static.tradeup.com/news/7a2df364abb41de8f63f90de07d486d5","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":7,"crmLevelSwitch":1,"authorIdStr":"3582630305022272","idStr":"3582630305022272"},"htmlText":"A wise man of his age n experience tells thetruth ! All the way Baba !&nbsp;","listText":"A wise man of his age n experience tells thetruth ! All the way Baba !&nbsp;","text":"A wise man of his age n experience tells thetruth ! All the way Baba !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094346100","repostId":2212696660,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094343431,"gmtCreate":1645067364873,"gmtModify":1676533993863,"author":{"id":"4090062734790350","authorId":"4090062734790350","name":"nanehz07","avatar":"https://static.itradeup.com/news/038022539ff9e1b6fe247128b5ed9782","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"4090062734790350","idStr":"4090062734790350"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094343431","repostId":2212696660,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094343670,"gmtCreate":1645067328081,"gmtModify":1676533993872,"author":{"id":"4093058604760480","authorId":"4093058604760480","name":"GggSlimeR","avatar":"https://community-static.tradeup.com/news/4b805c8472adab6d9418f36452434a56","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"4093058604760480","idStr":"4093058604760480"},"htmlText":"Do not like my comment&nbsp;","listText":"Do not like my comment&nbsp;","text":"Do not like my comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094343670","repostId":2212696660,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094343803,"gmtCreate":1645067302086,"gmtModify":1676533993846,"author":{"id":"3572923586954779","authorId":"3572923586954779","name":"LimLS","avatar":"https://static.tigerbbs.com/217b03b0c4808fb537070ba4e8f9d83f","vip":1,"crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3572923586954779","idStr":"3572923586954779"},"htmlText":"He is optimistic on BABA. BABA as a business, many of us also feel good about it especially with the growth of its cloud business. Only worry is the Chinese gov. Hopefully it will pass soon and the shareholders will be rewarded for having faith in BABA&nbsp;","listText":"He is optimistic on BABA. BABA as a business, many of us also feel good about it especially with the growth of its cloud business. Only worry is the Chinese gov. Hopefully it will pass soon and the shareholders will be rewarded for having faith in BABA&nbsp;","text":"He is optimistic on BABA. BABA as a business, many of us also feel good about it especially with the growth of its cloud business. Only worry is the Chinese gov. 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