Nowhere did I hear him say Baba is a potential ten bagger... Did I miss something?
@SamValueInvesting Жыл бұрын
Me as well. Munger did mean BABA is a nice bargain but he never said it is the investment of the century.
@Mr.MallyMall Жыл бұрын
I didn't hear that either. I thought I was tripping.
@zeshanfarooqui110 ай бұрын
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).
@explorerjlc17435 ай бұрын
@@zeshanfarooqui1 except he sold all!
@zeshanfarooqui15 ай бұрын
@@explorerjlc1743 As of now, daily journal corp still owns 195000 shares. Sadly you are mistaken.
@Eline_Meijer Жыл бұрын
hmmmmm investing in a coompany that the founder is hiding and the chinese state owns a portion of, is pretty risky
@jimd87522 ай бұрын
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.
@greatsoldier26 күн бұрын
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 Жыл бұрын
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 Жыл бұрын
Yep. Well done Chinese government
@justinbeghly138411 ай бұрын
Do you drive backwards, because that is how you view investing?
@preechahokim Жыл бұрын
Munger changed his mind . Now he says that Alibaba is a big mistake.
@Rhhdgb9 ай бұрын
Buying @ 250 was a big mistake indeed.
@ValueAcademia_Research9 ай бұрын
He didn't sell
@mylesfrazier90737 ай бұрын
Though, the Daily Journal is still holding the position.
@preechahokim7 ай бұрын
@@ValueAcademia_Research But he doesn’t buy more despite -70% .
@preechahokim7 ай бұрын
@@mylesfrazier9073 -70% he won’t sell at this price.
@boomshakalaka86554 ай бұрын
Munger also forced warren buffet to buy Costco
@rickvalmer9306 Жыл бұрын
When did he me mention it?
@williamshakespeare9815 Жыл бұрын
He didnt
@janseen661 Жыл бұрын
At 100 shares
@michnl1772 Жыл бұрын
HOLD and in a few years 🎉🥂🎊👍
@robm.8772 Жыл бұрын
Old video OUT OF CONTEXT
@Chemical_Logic Жыл бұрын
old video not relevant .. lets talk DEFI
@JuanOrtiz-mr3nv Жыл бұрын
It was very bad timing for investing when he bought
@alimessimourad Жыл бұрын
He should listen to you from now on
@JuanOrtiz-mr3nv Жыл бұрын
Who is talking
@JuanOrtiz-mr3nv Жыл бұрын
He really invest VERY wrong and that's it.
@alimessimourad Жыл бұрын
@@JuanOrtiz-mr3nv Yep, Charlie Munger should definitely be listening to your investment thesis.
@thebrothersbond6663 Жыл бұрын
@@JuanOrtiz-mr3nv Buying Apple at 10 dollars a share wouldn't be VERY wrong just because it later dropped to 5
@jimd875211 ай бұрын
I wonder how much he really regretted this move! Just shows, even the whale’s get it wrong sometimes!
@finkomsky6 ай бұрын
He regretted using leverage
@jentorninos.ballen9269 Жыл бұрын
Katarongan paba ginwa ninyo sa buhay ko pahirap nayan
@quoddie Жыл бұрын
Pinduoduo is also great
@muzzapj86 Жыл бұрын
He’s just called it his worst mistake. He’s an old spent flip flop