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China Offers 'So Much Better Companies At So Much Lower Prices': Charlie Munger
Sunday, May 1, 2022 - 5:35pm | 578Shares of many Chinese companies that trade in the United States have fallen over the last year with fears of accounting irregularities, tighter control and the potential to be delisted from U.S. exchanges. That hasn’t stopped Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B) Vice...
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Is Charlie Munger's Patience Wearing Off? Daily Journal Cuts Alibaba Holdings By Half In Q1
Tuesday, April 12, 2022 - 8:31am | 520Alibaba Group Holdings, Inc. (NYSE: BABA) shares have been in the doldrums ever since Chinese regulators began hounding the company following anti-establishment outbursts by its founder Jack Ma in late 2020. An astute investor who began piling into the shares of the Chinese ecommerce behemoth,...
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Mississippi's Electricity Supplier Walks Back Remarks About Cutting Power To Marijuana Facilities
Friday, February 11, 2022 - 3:01pm | 716Mississippi’s main supplier of electricity Tennessee Valley Authority (TVA) recently announced plans to stop providing power to any and all cannabis-related sites. On Thursday, however, things changed when the TVA announced it would not turn off the lights and was...
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Charlie Munger Doubles Down On Alibaba In Q4: Does It Flag A Buy Signal?
Tuesday, January 4, 2022 - 5:59pm | 537Alibaba Group Holding Limited (NYSE: BABA) is among the worst-performing large-cap tech stocks in 2021. The weakness did not deter a high-profile investor from bulking up on the shares of the Chinese e-commerce giant. What Happened: The Charlie Munger-run Daily Journal almost doubled...