Why Charlie Munger Bet HUGE On AliBaba (BABA Stock Investment)...
Charlie Munger, Berkshire Hathaway vice chairman and American billionaire investor, just bought more AliBaba stock and increased his position by 83%. Charlie Munger purchased $37,491,000 worth of BABA shares in quarter 1, but now has $45 million worth, totaling 302,060 shares held. The portfolio allocation is 19.86%. Charlie Munger may use margin to buy more shares of BABA despite hyperinflation fears because he believes in the Chinese economy.
I am not a financial advisor. This video is for entertainment purposes only.
Charlie Munger, Berkshire Hathaway vice chairman and American billionaire investor, just bought more AliBaba stock and increased his position by 83%. Charlie Munger purchased $37,491,000 worth of BABA shares in quarter 1, but now has $45 million worth, totaling 302,060 shares held. The portfolio allocation is 19.86%. Charlie Munger may use margin to buy more shares of BABA despite hyperinflation fears because he believes in the Chinese economy.
I am not a financial advisor. This video is for entertainment purposes only.
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