Munger’s latest position: stand still on Alibaba and clear Pohang Iron and Steel

“Stock god” Buffett’s partner Munger’s Daily Journal recently submitted to the US Securities and Exchange Commission the records of US stock holdings as of the end of 2022. The data shows that in the fourth quarter of 2022, the Daily Journal stood still on Alibaba, which was in its position, and emptied another stock in its position, Pohang Iron and Steel. As of the end of the fourth quarter of 2022, the Daily Journal’s US stock portfolio holds a total of 4 stocks, namely Bank of America, the largest holding stock, Wells Fargo Bank, the second largest holding stock, Alibaba, the third largest holding stock, and Alibaba, the fourth largest holding stock United States Bank. | Related reading (Securities Times)

So Cheong Yeon

I found that after the media did not follow up on the news for a long time, the Daily Journal, where Munger is now in charge, stood still on Alibaba in its position and emptied another stock in its position. It is nothing more than to show that Munger is very optimistic about Ali’s prospects and is very optimistic about Ali’s stock. You must know that Munger’s investment in Ali in 2021 is also close to 50% of the floating book losses, so that in the first quarter of 2022 Munger will turn to As for Ali’s large-scale reduction of positions, cutting off 50% of positions, up to now, Ali’s positions in Munger’s hands are not as good as before. There is really no need to adjust any more, and it is normal to stand still.

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