Charlie Munger Doubled BABA Holding, But Are YOU Munger?
He has the money to keep averaging down his BABA holdings but do you guys have?
He bought the dip all the way from 200+ and this quarter, he still has the capacity to increase 100% BABA holding. So many ppl FOMO and depleted their capital long long time ago.
(touch wood) If BABA falls to 80 HKD per share, munger may still have the money to increase his BABA holding by another 50%. For institutions investors like him, you can't copy his homework exactly cuz you don't have a pocket as deep as his.
You buy BABA cuz you like the company, not cuz munger likes the company.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Dtxxxx : Not hyping la bro, just a vote of confidence from super investor like him. Anyway is true that we should buy based on our own liquidity and risk appetite, don't jst blindly follow, we retail investors have bills and commitment to pay
XiCP : if you are a true baba investor, you know that prices are beaten down at these levels. we would want any hype so not to get beaten down further. so if you're really a baba bull, do join in the hype, to let the others gain some confidence towards baba. who cares if we can't buy more, just don't want it to crash further.
Thelord : Hope can pump high enough for us to exit
antossiu : i buy the company cuz i like munger
antossiu XiCP : if i am true baba investor, i really hope it keep going down
Jiejinliu OP antossiu : Bingo.
Jiejinliu OP Dtxxxx : My intention is really just to warn retail players not to "show-hand" just because munger bought more.