Charlie Munger: Alibaba Is The Investment Bargain Of The Century (BABA)

[@bluegtturbo]

Nowhere did I hear him say Baba is a potential ten bagger... Did I miss something?

[@SamValueInvesting]

Me as well. Munger did mean BABA is a nice bargain but he never said it is the investment of the century.

[@Mr.MallyMall]

I didn't hear that either. I thought I was tripping.

[@zeshanfarooqui1]

Keep in mind Munger helped Buffett see value in Apple when it was selling for a 10 pe. What got Baba was political risk and PDD throwing cash to subside sales. Do you think customers will continue to buy from pdd when the subsidies stop? Munger leaves us with his famous quote…short term stocks are a voting machine and long term…it’s a weighing machine. Baba is a money printing machine with a low pe and now a dividend (I would have preferred buybacks).

[@explorerjlc1743]

@@zeshanfarooqui1 except he sold all!

[@zeshanfarooqui1]

@@explorerjlc1743 As of now, daily journal corp still owns 195000 shares. Sadly you are mistaken.

[@Eline_Meijer]

hmmmmm investing in a coompany that the founder is hiding and the chinese state owns a portion of, is pretty risky

[@jimd8752]

Charlie was just a little early on this call. Watch, he’ll be right before it’s all said and done! Markets run in 20-25 year cycles. Just look wt the amazon chart. Baba too will join the $1000 per share club. Just wont he til around 2040.

[@greatsoldier]

Alibaba is extremely undervalued for some reason. They have no debt and their buying back shares with remarkable numbers. Hopefully it rebounds finally after the stimulus

[@Sills71]

From listing on American exchange in 2016 BABA returns less than 1% per year. AMZN returned over 26% per year during the same time period.

[@williamshakespeare9815]

Yep. Well done Chinese government

[@justinbeghly1384]

Do you drive backwards, because that is how you view investing?

[@preechahokim]

Munger changed his mind . Now he says that Alibaba is a big mistake.

[@Rhhdgb]

Buying @ 250 was a big mistake indeed.

[@ValueAcademia_Research]

He didn't sell

[@mylesfrazier9073]

Though, the Daily Journal is still holding the position.

[@preechahokim]

@@ValueAcademia_Research But he doesn’t buy more despite -70% .

[@preechahokim]

@@mylesfrazier9073 -70% he won’t sell at this price.

[@boomshakalaka8655]

Munger also forced warren buffet to buy Costco

[@rickvalmer9306]

When did he me mention it?

[@williamshakespeare9815]

He didnt

[@janseen661]

At 100 shares

[@michnl1772]

HOLD and in a few years 🎉🥂🎊👍

[@robm.8772]

Old video OUT OF CONTEXT

[@Chemical_Logic]

old video not relevant .. lets talk DEFI

[@JuanOrtiz-mr3nv]

It was very bad timing for investing when he bought

[@alimessimourad]

He should listen to you from now on

[@JuanOrtiz-mr3nv]

Who is talking

[@JuanOrtiz-mr3nv]

He really invest VERY wrong and that's it.

[@alimessimourad]

@@JuanOrtiz-mr3nv Yep, Charlie Munger should definitely be listening to your investment thesis.

[@thebrothersbond6663]

@@JuanOrtiz-mr3nv Buying Apple at 10 dollars a share wouldn't be VERY wrong just because it later dropped to 5

[@jimd8752]

I wonder how much he really regretted this move! Just shows, even the whale’s get it wrong sometimes!

[@finkomsky]

He regretted using leverage

[@jentorninos.ballen9269]

Katarongan paba ginwa ninyo sa buhay ko pahirap nayan

[@quoddie]

Pinduoduo is also great

[@muzzapj86]

He’s just called it his worst mistake. He’s an old spent flip flop

[@williamshakespeare9815]

Yeah, he should listen to you 😂😂😂