To The Moon

Munger is a well-known China bull. It became even more evident when he bought a substantial position (19% of the portfolio) in Alibaba via Daily Journal Corp in the first quarter of 2021.He doubled the position in Alibaba $Alibaba(BABA)$$Alibaba(09988)$at the start of 2022. Many investors look upon Munger as an influential investor and take heed in the things he say and do. Despite the tumbling share price, Alibaba investors found comfort in the wise man's 'endorsement'.But it all changed when Daily Journal's position in Alibaba was reportedly halved. It is optically damaging because it raises questions (did Munger think that it was a mistake) and dents confidence at the same time. It is likely that some

There is never a dull moment when it comes to Tesla Chief Executive Elon Musk. On one day, he's launching astronauts to the International Space Station. On another, he's opening a new auto manufacturing plant to a roaring crowd in Berlin. And on another, he's jousting with Twitter after becoming its largest shareholder. With all that, is Tesla stock a buy? Tesla (TSLA), on April 2, reported that itdelivered 310,048 vehiclesin the first quarter, up 68% from the year-earlier period and just below analyst estimates of 312,000. Analysts were bracing for a lower number as recent Covid effects in China had shuttered Tesla's Shanghai plant. That created "massive logistics complications delivering units to customers in Europe," Wedbush analyst Dan Ives said in a note to clients. "Relative to

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