Charlie Munger is selling Alibaba!

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(#charliemunger, #stocks, #investing)
Charlie Munger is selling Alibaba shares. Munger, through the portfolio of the Daily Journal, has sold roughly half of the Alibaba (BABA) shares that were in the portfolio. These shares in Alibaba were purchased just a year ago and are already being sold. This video talks about this move in the Daily Journal's stock portfolio as well as why Charlie Munger may be selling. The selling of Alibaba shares comes as a surprise to many follows of Munger as him and his business partner, Warren Buffett, are known for their buy and hold, long-term investing approach.

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