Charlie Munger stopped selling BABA in Q2/2022 (22Jul22)
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...