- Did Charlie Munger sell Alibaba? The answer to this question is yes. Charlie Munger did sell shares of Alibaba Group Holdings, Ltd. (NYSE:BABA).
- Charlie munger sold Alibaba 3 years ago, at the time of this writing, it is trading at just under $60 per share.
- Alibaba is still a great company, I own some myself, but it is not an investment he would recommend today.
Charlie Munger SELLS 50% of Alibaba Stock!
Charlie Munger sells Alibaba (BABA) stock. Why?
People Also Asked:
Why did Charlie sell Baba?
Charlie’s decision to sell Baba is based on two reasons. First, he thinks that he can make enough money to start his own business. Second, Baba has been a bad influence on him and is causing problems with his friends.
How much did Munger lose on Alibaba?
Charlie Munger lost a lot of money on Alibaba, but will be happy to tell you about it. Charlie Munger says not to worry about mistakes, but here’s one that has gnawed at him for years. In 2001 he bought 5% of Alibaba in China. The company went public in 2014, raising $25 billion, netting a profit of $1.5 billion for Berkshire Hathaway. Despite that fact and his long history with the company’s founder, Jack Ma, Munger regrets not buying more Alibaba shares when they were trading at around $2 each in 2001.” You can’t even buy them now, ” he said.Q
Does Li Lu own Alibaba?
Yes, Li Lu owns Alibaba as do several other shareholders.
Should I invest in Alibaba?
This is a great question. We think Alibaba is worth considering as a potential investment idea because it has several strengths that are rare to find in one company (strong growth prospects). However, this stock hasn’t always performed well over the last year, so there’s no guarantee it will perform well in the long term either.
Is Alibaba a good company?
Yes Alibaba is a good company. It has evolved over time and is now a large online shopping platform, with many different services and products. The company has several revenue streams, most of which are profitably expanding; the company’s revenue is expected to grow by more than 40% in 2013.
Is Alibaba bigger than Amazon?
The answer is a resounding yes in terms of market cap, but not revenue. Alibaba is much bigger because it has an IPO market cap of $410 billion USD, while Amazon’s market cap remains at $260 billion USD.
Can I get scammed on Alibaba?
Yes, you can get scammed on Alibaba. However, this is not an everyday thing that you should be worried about. Just take a few precautions and you will be just fine.
Does China own Alibaba?
China does not directly own shares of Alibaba Group, but it does indirectly control the company through its ownership of a Chinese company which has a substantial stake in Alibaba.
Why is Alibaba dropping?
Alibaba is dropping because of news that the company disclosed financial information to the U.S. Securities and Exchange Commission.
Can BABA recover?
Yes, BABA can recover. If you take a look at the chart below, the stock has been trading in a range for months! This just means that its current valuation can be quite volatile. The prior highs were around $60’s and that was over a year ago. Based on this trend, I think it will likely hit $60 again. You should see it as an opportunity to buy once more as well
Is Tesla a buy?
Tesla is a buy, but it’s a risky one. There are risks associated with buying stock, but those risks have been heightened by Tesla. The biggest risk is that the company fires founder and CEO Elon Musk, which could result in a significant stock drop. Other risks include worries about whether Tesla can break into the mass market and meet its production goals as it expands.
Who owns the most shares of Alibaba?
Alibaba owns the most shares of Alibaba. The company has a total of 513 million shares outstanding, with a market cap of $364 billion. Of those, 471 million are owned by Yahoo Inc. Mr. Ma owns 320 million shares through Softbank Holdings Inc., while a group of Jack Ma and Ali investments own the remaining 120 million shares.”
What will happen to Alibaba stock?
Alibaba stock is expected to drop in the near term, possibly down by as much as 30%. This drop is largely due to the company’s severe undervaluation. Despite suffering a recent 20% drop in value, Alibaba stock should still be an attractive investment opportunity for risk-tolerant investors.
Who owns Alibaba shares?
Alibaba shares are held by a relatively small number of investors. The largest single chunk—17%—is owned by SoftBank Group Corp., which originally invested in Alibaba in 2000 and has been one of the company’s most vocal supporters on the stock market.
Who bought Alibaba recently?
Recently, Alibaba was acquired by Ant Financial Services Group. The International Monetary Fund (IMF) and the World Bank have both expressed concern over Alibaba’s acquisition. Both stated that this acquisition could create issues for competition in China.
Why did pabrai sell Baba?
Pabrai’s investment in Baba for the future was not doing well. He said that he felt it wasn’t going to work anymore and he didn’t want to lose money on his investment.
Is Li Lu a billionaire?
Yes, Li Lu is a billionaire. Li Lu is a Chinese investor, entrepreneur and philanthropist. In 2013 he co-founded Ping An Group (Group). Since 2011, he has been at the helm of Ping An’s financial services, insurance business and other operations.