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Munger Keeps Buying Alibaba on Dips After Initial 2021 Purchase

Published: Updated: By 24TopNews Editorial Desk

Charlie Munger first bought Alibaba shares in the first quarter of 2021 and has continued adding to the position as the stock declined. He also tried to persuade Warren Buffett to invest alongside him, but the effort was unsuccessful.

In the first quarter of 2021, Charlie Munger made his initial purchase of Alibaba shares. Subsequently, as the stock price fell, he kept increasing his position. Munger had attempted to convince Warren Buffett to buy in as well, but did not succeed.