Munger's warehouse announced that Ali is still the third largest heavy position. Munger is still optimistic about it?

Recently, it is the days when major investment institutions have exposed their half -year reports and various announcements. Under such circumstances, the world -renowned investment masters, Buffett's old partner Charlie Munger's positions are very prominent. According to Charlie Munger’s In terms of positions, Alibaba is still Charlie Munger's third largest heavy stock. Many people are asking Charlie Munger if they are still optimistic about Ali?

1. Charlie Munger's position announcement?

Daily Journal, a newspaper and software company of Buffett partner Charlie Munger partner, submitted the latest position report to the US Securities Regulatory Commission. According to the report, as of the end of the second quarter, the Daily Journal investment portfolio has not changed from the position and the number of shares compared to the end of the first quarter.

Specifically, Bank of America is still the largest heavy stock stock in Daily Journal, accounting for 40.93%of the investment portfolio. Compared with 19.5%, the fourth largest holding stocks in the United States, accounting for 3.68%, and the fifth largest heavy warehouse stocks, South Korea Iron and Steel Company Po Xiang Steel, accounting for 0.25%.

In the first quarter of this year, after the one -year stock price of Alibaba, Munger chose to cut half of the stock positions holding Ali's stock, and cut from about 600,000 shares at the end of last year to 300,000 shares. 27.65%dropped to 15.35%.

The market believes that the continuous decline of Ali stock prices has made Muge's confidence significantly hit, so the outside world attaches great importance to his position in the second quarter. This time, he chose to keep his soldiers and prove that Munger still bet on Ali's competitiveness.

In the first quarter of 2021, Munger built the position to buy Alibaba for the first time, and then continued to increase the position. In the fourth quarter of last year, Munger's Daily Journal doubled the holdings of Alibaba, and the number of holdings increased to 60.206 million shares.

Second, Munger is still optimistic about that Ali should see?

We see that Charlie Munger has always maintained Alibaba's holdings, and many people are puzzled. What should Charlie Munger do? Why does he keep Alibaba's shares? Does it mean that Charlie Munger is still optimistic about Alibaba?

First of all, we must understand that Charlie Munger is a close friend of Buffett and a world -renowned master of investment. The famous Bokhir Kazakhstan company, Charles Martialine and Buffett have been operating together for many years. Therefore, for the current market, every time Charlie Munger does has been fully interpreted by the market, the market wants to know what kind of investment business is behind Charle Martialine's changes. How to learn Charlie Munger's judgment on the market?

Secondly, from the perspective of the current market performance, Charlie Munger's logic should be that he feels that Alibaba still has a certain long -term value. From the perspective of the market for a long time, Charlie Munger still keeps holding Alibaba on behalf of him. Alibaba's long -term market value is optimistic, so we can see that Charlie Munger still maintains a certain position, and this ratio has not changed much. This is actually very valuable. And Charlie Munger has repeatedly emphasized that every dollar invested in China has more market advantages than in the United States. Chinese Internet companies have more advantages than competitors, but often their market price is lower. This is the core key to maintaining market investment logic in Charle Martial Arts.

Third, from the perspective of long -term market development, Charlie Munger's current approach actually shows us a certain space for market development. This is China's Chinese stock enterprise. In the process, find your own market advantages, through the long -term development of the market, and further enhance our market value. Therefore We must also have sufficient market expectations to optimize the development of Chinese Chinese stock companies. At present, the market pressure faced by Chinese stock companies is just the fluctuations in the market development to a certain stage. We have developed from long -term market development. From the perspective of the angle, it is still possible to see the long -term core advantages and core values ​​of Chinese stock companies.

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