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2021-10-07

Hope this provide some confidence to all the hodler! Let’s go $Alibaba(09988)$ [Victory]

Charlie Munger nearly doubled down on Alibaba as share prices dropped

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Let’s go <a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a> <span>[Victory]&nbsp;</span></p></body></html>","text":"Hope this provide some confidence to all the hodler! Let’s go $Alibaba(09988)$ [Victory]","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/823083707","repostId":1114084743,"repostType":2,"repost":{"id":"1114084743","kind":"news","pubTimestamp":1633499616,"share":"https://www.laohu8.com/m/news/1114084743?lang=&edition=full","pubTime":"2021-10-06 13:53","market":"us","language":"en","title":"Charlie Munger nearly doubled down on Alibaba as share prices dropped","url":"https://stock-news.laohu8.com/highlight/detail?id=1114084743","media":"seekingalpha","summary":"Charlie Munger's Daily Journal Corporationhas increased its Alibabashares by 82% since July as the stock's price fell nearly 50%, according to the Daily Journal's13-F filing for Q3.The Daily Journal purchased 136,740 BABA shares bringing its total to 302,060 shares. Due to the drop in price, the firm's position only increased to $45M from $37M.The firm's largest stakes are in Bank of Americaand Wells Fargo, with the Daily Journal owning $98M and $73M positions respectively. Munger's other picks ","content":"<p>Charlie Munger's Daily Journal Corporation(NASDAQ:DJCO)has increased its Alibaba(NYSE:BABA)shares by 82% since July as the stock's price fell nearly 50%, according to the Daily Journal's13-F filing for Q3.</p>\n<p>The Daily Journal purchased 136,740 BABA shares bringing its total to 302,060 shares. Due to the drop in price, the firm's position only increased to $45M from $37M.</p>\n<p>The firm's largest stakes are in Bank of America(NYSE:BAC)and Wells Fargo(NYSE:WFC), with the Daily Journal owning $98M and $73M positions respectively. Munger's other picks include U.S. Bancorp(NYSE:USB)and and Posco(NYSE:PKX).</p>\n<p>Raymond James cut its rating on Alibaba earlier this month citing growth headwinds but stillgives the stock a grade of Outperform.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Charlie Munger nearly doubled down on Alibaba as share prices dropped</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCharlie Munger nearly doubled down on Alibaba as share prices dropped\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 13:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3749214-charlie-munger-nearly-doubled-down-on-alibaba-as-share-prices-dropped><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Charlie Munger's Daily Journal Corporation(NASDAQ:DJCO)has increased its Alibaba(NYSE:BABA)shares by 82% since July as the stock's price fell nearly 50%, according to the Daily Journal's13-F filing ...</p>\n\n<a href=\"https://seekingalpha.com/news/3749214-charlie-munger-nearly-doubled-down-on-alibaba-as-share-prices-dropped\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/news/3749214-charlie-munger-nearly-doubled-down-on-alibaba-as-share-prices-dropped","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1114084743","content_text":"Charlie Munger's Daily Journal Corporation(NASDAQ:DJCO)has increased its Alibaba(NYSE:BABA)shares by 82% since July as the stock's price fell nearly 50%, according to the Daily Journal's13-F filing for Q3.\nThe Daily Journal purchased 136,740 BABA shares bringing its total to 302,060 shares. 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