My Investing Muse

Mr Charlie Munger has updated his Q1/2023 portfolio as of 4th Apr 2023 for his company Daily Journal Corp. latest 13F filing summary The portfolio of Mr Charlie Munger remains the same as last quarter without any activities in Q1/2023. recent activities of Mr Munger’s portfolio in DJCO In the previous quarter (Q4/2022), Mr Munger sold off 100% of a small holding PKX - POSCO. Various ones are watching out for his holdings in Alibaba. Does this mean Alibaba is a safe investment now? What is interesting is that he c ontinues to hold  3 other bank stocks - WFC (Wells Fargo), BAC (Bank of America) and USB (US Bancorp) despite the recent banking saga. Does this represent confidence in the banking system or it is confidence limited to these 3 banks in his portfolio? This can bring some relief to the market watchers as Mr Munger did not sell off the bank stocks. It is interesting that Mr Munger did not take advantage of the drop in banking stock prices to add to his position. My investing ...

  The world operates with the 3Fs, namely Food, Fuel (Energy) & Finance. A crisis in any of the 3Fs can be a major challenge to the country. As we have experienced from the recent Ukraine conflict, one such war can bring much trouble to the rest as we live in an interconnected world. Could the next war be over food & fuel? List of biggest net exporters of food and energy Here are the 10 countries that were the biggest net exporters of food and energy in 2020, according to data from the Observatory of Economic Complexity: Saudi Arabia Russia United States Australia Canada Brazil Netherlands United Arab Emirates Norway Indonesia With the world being power-hungry, these countries stand to gain long-term. Will we be able to transition to more sustainable energy instead of fossil fuel? Let us look out for  envious  neighbours. Referencing Iraq and Kuwait, some of the wars historically have been started due to greed & envy over resources. Wars & Conflicts Linked...

Daily Journal Corp (DJCO) has released its Q2/2022 13F update recently.  There are some observations that I have made, especially regarding the recent purchases and sales of Alibaba shares by Mr Charlie Munger.   Charlie Munger is one of my biggest influences coming to value investing.  I am a great fan of the wit, humour and temperament that he displayed pertaining to investing - especially the patience.  In Q2/2022, there are no activities - no buy or sell in the last quarter.   From the table listing recent activities, we can see that Mr Munger is happy to sit on cash for years (No purchase or sales between Q1 2015 and Q42020).  This is a good 6 years of no activities.  It is hard to find others who can invest with such "patience".  Of course, the 13F filing reports only US stocks and does not include any international portfolios. Timeline of $BABA stock purchases by DJCO: Q1 2021 - purchase of 165,320 shares Q3 2021 - purchase of 13...