Daily Journal Corp

Daily Journal Corp

13F
Daily Journal
Last update 2024-01-17 4 Stocks (0 new)
Value $185.00 Mil Turnover 0 %
Countries:
Portfolio Report

Daily Journal Corp Profile

Charlie Munger is the Chairman of Wesco Financial. He is also the Vice Chairman of Berkshire Hathaway, where his long term partner Warren Buffett serves as Chairman. Like Buffett, Munger is a native of Omaha, Nebraska. After studies in mathematics at the University of Michigan, and service in the U.S. Army Air Corps as a meteorologist, trained at Caltech, he entered Harvard Law School without an undergraduate degree. Graduating in 1948 with a Juris Doctor magna cum laude, he founded and worked as a real estate attorney at Munger, Tolles & Olson LLP until 1965. He then gave up the practice of law to concentrate on managing investments. In his book Poor Charlie's Almanack, Munger has introduced the concept of "Elementary, Worldly Wisdom" as it relates to business and finance. Munger's worldly wisdom consists of a set of mental models framed as a latticework to help solve critical business problems.

Daily Journal Corp Investing Philosophy

Buffett followers believe that Charlie Munger had significant influence on Warren Buffett's investment philosophy. Before partnering with Munger, Buffett was a Ben Graham type of cigar butt bargain investor. Charlie Munger inspired Warren Buffett to invest in high quality business for long term. The latest investment Charlie Munger convinced Warren Buffett was the investment in Chinese electric car maker BYD.

Daily Journal Corp Portfolio and Latest Trades

Type:
Ticker
PKX
BABA
Ticker
Company
Date
Action
Impact %
Price Range
Price
Price Change from Avrg%
Comment
Current Shares
Share Change
PKX
POSCO Holdings Inc2022-12-31Sold Out
-0.22%
38.27 ($49.56) 57.06
$78.42
58.23%
Sold Out
0
-9,745
BABA
Alibaba Group Holding Ltd2022-03-31Reduce
-13.87%
76.76 ($115.52) 137.41
$72.36
-37.36%
Reduce -50.17%
300,000
-302,060
100/Page
Total 2

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