Is Munger "On Tilt"?

[Castanza]

11 hours ago, sleepydragon said:

Well, I bought baba in late March this year. If I had bought google or meta whenever I bought baba, I would have down more ..

 

 

Yeah but you wouldn't be holding a mystery box with CCP leadership  Different strokes for different folks. I'm probably overly conservative with margin. Only use it on layups that have no muck or mysteries attached. 

 

"First you borrow, then you beg" - The Old Man and the Sea

 

[wabuffo]

Well - its official.   Munger's other mystery foreign stock in DJCO's marketable securities portfolio is TenCent Holdings (0700.HK).

 

https://i.ibb.co/svsC7CC/TenCent.jpg

 

Bill

Edited December 17, 2022 by wabuffo

[Luke]

12 minutes ago, wabuffo said:

Well - its official.   Munger's other mystery foreign stock in DJCO's marketable securities portfolio is TenCent Holdings (0700.HK).

 

https://i.ibb.co/svsC7CC/TenCent.jpg

 

Bill

Very interesting, thanks for sharing!

[Parsad]

Munger agrees he was on "tilt" buying Alibaba.  Cheers!

 

https://finance.yahoo.com/m/d5675f0a-fae1-34dd-8eca-63e889d24ea6/-one-of-the-biggest-mistakes.html

[wabuffo]