- 1 Overview
- 2 Disclosure
- 3 AlsoRead
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- 6 A Look Beneath The Hood
- 7 Charlie Sheen Sues IRS To Cut 2 ½ Men Size Tax Bill Down To Size
- 8 The Red Curtain – China Cuts Itself Off From The World
- 9 As Nadella, Musk, And Bezos Sell To Pay Less Tax, Buy Microsoft Stock
- Munger’s Daily Journal was added to only one holding in the third quarter.
Famous investor Charlie Munger (Trades, Portfolio), Chairman of Daily Journal Corp
Berkshire Hathaway Vice Chairman
Munger’s Daily Journal has 5 positions, but only added to 1 in the 3 months until September 30th.
The guru boosted its position in Alibaba Group Holding Limited (BABA, Financial) by 82.71% during the quarter and purchased 136,740 shares. The transaction had an 8.99% impact on the equity portfolio. Shares traded on average $ 182.30 per share for the quarter.
He currently holds a total of 302,060 shares, which make up 19.86% of the stock portfolio.
The e-commerce giant, whose stocks have fallen in recent months as the Chinese government cracks down on tech stocks, has a market capitalization of $ 388.4 billion. On Tuesday, the price-earnings ratio was 17.48, the price-to-book value ratio was 2.56, and the price-to-book value ratio was 3.37, trading at about $ 143.14.
GF Value Line
GuruFocus rated Alibaba’s financial strength as 7 out of 10. The company is in good shape with a good cash debt ratio, a comfortable level of interest coverage and a solid Altman Z score of 3.83. The return on invested capital also exceeds the weighted average cost of capital, indicating that excellent value creation is being carried out as the company grows.
The company’s profitability improved a little with 8 out of 10 points. Despite the declining operating margin, Alibaba has a good return on stocks, assets and capital that surpasses the majority of its competitors and a medium Piotroski F-score of 5. This represents the typical conditions of a stable company. Despite recording consistent revenue and revenue growth, three out of five star predictability ranks are in the spotlight. According to GuruFocus, companies in this rank have averaged 8.2% annual revenue over a decade.
Baillie Gifford (Trades, Portfolio) is Alibaba’s largest shareholder with a 0.95% stake.Other top guru investors are: PRIMECAP management (Transactions, portfolios), Kenneth Fisher (Trade, Portfolio), Dodge & Cox, Frank Sands (Transactions, portfolios), pioneer investment, Chase Coleman (Transactions, portfolios), Chris Davis (Transactions, portfolios), Al gore (Transactions, portfolios), Ronbaron (Transactions, portfolios), Sarah Ketter (Transactions, portfolios), First eagle investment (Transactions, portfolios), Tweedy Browne (Transactions, portfolios), Tom Russo (Transactions, portfolios), Ray dalio (Transactions, portfolios), David Erotic (Transactions, portfolios) and Jeremy Grantham (Transactions, portfolios).
Additional holdings and portfolio composition
The other four shares that make up Munger’s $ 213 million equity portfolio are the Bank of America Corp.
The financial services sector has the largest representation with a weight of 82.05%. The basic materials and consumer cycle space have a much smaller presence.
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I / we do not have a position in any of the listed stocks and do not plan to open a position within 72 hours.