What Charlie Munger Has Said About Alibaba And Why You Need To Pay Attention!

In this video, Charlie Munger goes over Alibaba (BABA) stock in one of his most recent interviews. Munger purchased $37,491,000 of BABA stock through the Daily Journal Corporation at an estimated average price of 226.78$ according to the most recent 13F filings.

Alibaba is often referred to as the ‘Amazon of China’ because of its growth trajectory being nearly identical to that of Amazon. Both companies started off as e-commerce platforms, but over the years evolved into much more diversified companies with a significant focus on technology.

So is now the time to be buying Alibaba shares with the stock transcending downwards? In times like these I think it’s important we listen to one of the greatest investors of all time.

Sources Used: Yahoo Finance, Yapps, Forbes
📚 Books I Recommend For Investing & Market Psychology 📚
The Intelligent Investor: https://amzn.to/2SVOsmD
The Warren Buffett Way: https://amzn.to/3fkuIAv
One Up On Wall Street: https://amzn.to/2RUI6DE
The Compound Effect: https://amzn.to/3bun45u
The Art of Thinking Clearly: https://amzn.to/2S0LlsX
The Psychology of Money: https://amzn.to/33JCw9P

What Charlie Munger Has Said About Alibaba And Why You Need To Pay Attention!

#Alibaba #Baba #CharlieMunger

Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!

Видео What Charlie Munger Has Said About Alibaba And Why You Need To Pay Attention! канала Jesse Trades