If earnings per share are $43 with a p/e of 7, how does Yahoo peg this stock at "over valued"?? I don't even know how the company has such numbers considering the huge loss they're taking with BABA.
K
If this stock is $43 earning per share after the next report I'll be wondering what's going on. Charlie lost $300 million with his BABA stake and he still holds half his position. Who owns DJCO anyway other than Charlie?
K
Looks as if reality is finally setting in with the stock price here. Seems more like a hobby for Charlie than a seriously run fund.
K
If 20% of DJCO's holding are in BABA and Charlie started buying at $225, doubling down at $170 then again at $135 and considering today's price is $87.....how has this fund not imploded on itself?
Are all the other investments in his portfolio so hot they make up for his huge loss (-60%) in BABA?
s
charlie messed up with baba....gambled away the company to china
s
charlie mesed up with baba...he bought on margin. thank god warren did not follow. since this was bought on margin the daily journal will go to 200 soon
K
How long has Charlie run this company? He's really loaded them up with a huge loosing BABA position. 26% of the fund is BABA and it's down 65% since he bought in.
s
BAC, WFC, BYD, BABA, Journal Technology SAS sticky business, Real estate holdings. Way to undervalued. Charilie Mungers going away gift to his followers
s
Apparently they’ve sold their software platform to a number of entities but will not collect until rollout, which will be in coming years. Until then the sales will not show up as assets. It’s courthouse software that will be entrenched, with high switchover costs
Are all the other investments in his portfolio so hot they make up for his huge loss (-60%) in BABA?
26% of the fund is BABA and it's down 65% since he bought in.
#CharlieMunger added 300,000 #Alibaba shares to his position for $DJCO in Q4 2021.
Position went from 165,320 shares in Q1 '21 to now 602,060 shares (Q4 '21 SEC filing), a 3.6x.
$BABA is now 26.65% of the portfolio.
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