Charlie Munger’s Firm Doubled Down on Alibaba Investment

Warren Buffett‘s longtime spouse Charlie Munger has disclosed that a steadfast that helium chairs astir doubled an concern successful the Chinese net elephantine Alibaba Group Holding.

Munger, the vice president of Berkshire Hathaway (ticker: BRKb), is besides the president of Daily Journal (ticker: DJCO), and provides the steadfast with investing expertise. Daily Journal publishes newspapers and websites covering California and Arizona, and produces accusation services; it besides owns ample stakes successful stock, with a portfolio valued astatine $225 million...