| Charlie Munger explains why he likes Chinese stocks so much and invests in Alibaba, doubling down on his position last quarter. He also elaborates on why Warren Buffett doesn’t buy BABA stock. Being a vice chairman of Berkshire Hathaway and the closest partner (right hand man) of Warren Buffett, Charles T. Munger has a net worth of around $2 billion. He is a profoundly wise man who is absolutely worth listening to, especially when it comes to investing, the psychology of wealthy people, rationality, and life experience. Share this video with a friend if you found it useful! Consider subscribing to the channel for inspiring videos about investing, business, stock market, managing money, building wealth, passive income, and other finance-related content! -------------------------------------------------- All useful links in the blog please check the blog 👇🌹 https://beacons.ai/aseerinvestment1 |
Charles Thomas Munger (born January 1, 1924) is an American investor, businessman, former real estate attorney, architectural designer, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; Buffett has described Munger as his partner. Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation.
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