Is Charlie Munger Right about Alibaba (BABA)?
My guess is that Munger sees Alibaba as more than Ma. Charley thinks Alibaba can make enormous amounts of money without Ma.
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Market Mad House
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Charlie Munger
Ten Threats to Berkshire Hathaway
It is hard to imagine Berkshire Hathaway without Warren Buffett. Its share price will fall by 10% to 20% after Buffett’s death even if he chooses the perfect successor.
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Is This Newspaper Company Warren Buffett’s Next Acquisition Target?
My prediction is that Buffett will make a bid for Tribune Publishing sometime this year. It seems like too tempting a bargain for him to pass up, and it operates in an industry he is passionate about: newspapers.
Read MoreCompanies to Invest in to Take Advantage of Income Inequality
The bottom line is that investors that do not understand the reality of the times that they live in are doomed to lose money. Understanding the big picture is vital if you want to make money in today’s America.
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