https://www.youtube.com/watch?v=b8kuKZ0_l54

Charlie Munger keeps buying Alibaba stock. He recently doubled down on his position in this e-commerce & tech giant by acquiring more shares of BABA stock on margin. He explains why he believes Alibaba is a great long term investment. Let’s see his view on the subject and remember this rule: be fearful when others are greedy, and be greedy when others are fearful. Being a vice chairman of Berkshire Hathaway and the closest partner (right hand man) of Warren Buffett, Charles T. Munger has a net worth of around $2 billion. He is a profoundly wise man who is absolutely worth listening to, especially when it comes to investing, the psychology of wealthy people, rationality, and life experience.