Are you sad to see Munger's shares sold?

@theintelligentcompounder

3 ай бұрын

@@DoughJonesIm holding PARA at $15.5/share seeing that buffet was buying… I continue to hold for about a year now. Also, Aswath (the NYU value professor) expressed that he likes PARA and Warner bothers. I’m certainly not buying more though.

@xz9855

3 ай бұрын

Munger will be forever remembered as a China commie lover

@MoathSAZ

3 ай бұрын

No old man is dead

@theintelligentcompounder

3 ай бұрын

@@MoathSAZ rolling over in his grave

@franciscoblanco3764

3 ай бұрын

Kinda. This sell off may indicate complete exit in the next months and us holders will be left with very little value for an even longer time.

I imagine Munger's zombie breaking out of the ground to avenge this.

You should listen to Joe Tsai’s interview with Norges Investments. Good watch for us bag holders.

Look at the consumer confidence in china is at all time lows, just wait for the bounce face-blue-smiling

@xz9855

3 ай бұрын

lol you commie lover

@franciscoblanco3764

3 ай бұрын

Buy when everyone is selling right? It’s the most difficult thing to do though

Between the two share buy backs and the last dividend, I calculate BABA stock has given shareholders a 9.97% gain. Yet the stock remains in the toilet. That's fine. I'll just hold it until it goes back to $319. With the 9.97% the new $319 is $350..

The banks were mostly capital gains. I suspect the sell in BABA was to offset the capital gains in bank stocks with loss in BABA.

THANKS 😊 FOR THE BABA UPDATES 🙏 KEEP THEM COMING GUY'S!

@TwoStupidGuysTradeStocks

3 ай бұрын

You are very welcome! Thank you for commenting! Vinny

@jimboslice4623

3 ай бұрын

@TwoStupidGuysTradeStocks hey Vinnie can you do 5 year projection for baba with your number magic 🎩? For example the best , second coming of Amazon, they buy 35 billion worth of shares at 72 $ etc? It would be interesting 🤔 😏

How did charlie sold stuff? dude "died"... why not say his committee or whatever sold it?

@melihdiren5437

3 ай бұрын

That is exactly what I was thinking 😅

The strange thing is that DJCO still hasn’t announced who will be managing the stock portfolio. Munger had stated that once he is gone, they would find someone else to manage the portfolio (an extremely vague statement). The last time I checked, Munger is still dead. A $500 million dollar company that is not providing critical information to shareholders.

Great video! Must of been SEC rules that would prevent from selling right after munger spoke highly of Alibaba on the DJCO annual meetings. They couldn’t sell the entire position back then in 2022. Now, they can reason the selling: they are selling a bag of stocks, not just baba. And of course, munger’s passing away as he was managing this fund

@TwoStupidGuysTradeStocks

3 ай бұрын

Yea, quite possibly there’s some sort of rule based reason for the timing. I’m not surprised that someone else would have taken over the portfolio and been uncomfortable holding Alibaba. Certainly not a conventional position. Vinny

@menash07

3 ай бұрын

Also, Selling a stock right after praising it could damage Munger's reputation as a trustworthy investor.

Not shocked with the sale. They probably want to hold less securities (have talked about) and the loss of $baba allows them to use that to sell down a bit of everything without tax hits.

Honestly being a shareholder for a few years now; this either feels like a losing lotto ticket or home run given 20 years lol.

@franciscoblanco3764

3 ай бұрын

Same here

Bro if they will do buybacks for next couple of years it means that insiders will accumulate in this prices, i can see the price in near term future getting lower to 60´s. We can see the sentiment of china is negative, because of the housing market, banking prblems, corono virus,debt etc... This is positive for long term investors, because the sentiment can switch very quickly after market recovery. China's technology is getting better and better, in the case of China today makes up to 42% of the global e-commerce market. In the US, e-commerce is the dessert but in China, it is the main course. I see alibaba doing well like amazon or even faster!

@marcoferreira44

3 ай бұрын

If it goes lower, iam buying even more, I dont mind price consolidation at all. This is just the biggest company in china priced lower then US

BABA WILL MAKE YOU AN UNBREAKABLE INVESTOR❤❤❤💎📈📈📈📈📈📈

I’m surprised by the DJC sell, but am not concerned by it. Their position remains concentrated. As you know, there are a million reasons to sell a stock, but only 1 reason to buy…. I LOVE the share buybacks. I continue to buy China (BABA, Tencent, JD, BIDU).

The title is misleading. He is dead and couldn’t sell it

You bought Alibaba? User name checks out :P

@jayflaggs

3 ай бұрын

Been warning them about baba lol.

@Duke-511

3 ай бұрын

Talk about recency bias…..

@jayflaggs

3 ай бұрын

​@@Duke-511chart looks terrible. Fundamentals are terrible. Not hard to avoid the value trap. Been saying it on this channel for probably 6mo now.

@Duke-511

3 ай бұрын

@@jayflaggswhat fundamentals look terrible? Politics aside, one of the greatest free cash flow producers in the history of the market selling for a substantially lower multiple than the market average is a screaming buy… not to mention their existing cash pile and buyback plan. Opinion follows trend.

@jayflaggs

3 ай бұрын

​@@Duke-511chinese people don't have cash to spend...unemployment is over 30%. Real estate crashed over 40% in many places. Alibaba is a retailer. No one has discretionary income and it may take years to fix that.

About 2-3 years ago, Ray Dalio said the China storm would take 2-3 years for the dust to settle… (i Of course, didn’t listen and followed Munger)… but last week, Dalio said it’s time to buy China….

@menash07

2 ай бұрын

Can you post your reference?

@theintelligentcompounder

2 ай бұрын

@@menash07 KZread tends to tends my posts with references (some but not all)… but I can try… see responses to come.

@theintelligentcompounder

2 ай бұрын

@@menash07 my comments get deleted when I include references 🤷

@theintelligentcompounder

2 ай бұрын

@@menash07 google “Ray Dalio China invest” the more recent news articles in the search should show up

@theintelligentcompounder

2 ай бұрын

@@menash07 I can’t y o u t u b e d e l e t e s m y p o s t s

I'm maintaining moderate exposure to China. They have some massive issues (overleveraged local government lending vehicles) BUT massive potential. These valuations are low enough that I'd feel foolish for ignoring them. Not gonna bet the farm. Happily gonna bet 10% of the farm ;)

when the company by munger sell, it mean the bottom is set, glta

Lol Charli Mungers shares being sold is a sign they have lost hope into this junkie stock and these guys pretending to make it sound like a great investment

Yall need to sell that bag and move on