Top Stock Picks Of Charlie Munger’s Daily Journal


An American business tycoon and investor, Charlie Munger has amassed a net worth of $1 billion. In the investing world, he’s well-known for his long-term friendship with Warren Buffett, the legendary investor. Berkshire Hathaway’s vice chairman, Munger, is in charge of the company’s investments. The Q4 portfolio of Daily Journal, a highly concentrated hedge fund, was $258.6 million. Investing returns will be lower in the next ten years, according to Charlie Munger. Only once since 2009 has the S&P 500 returned a loss of 4%, in 2018. This will lead to a catastrophic economic and fiscal outcome for the United States, according to Munger’s view. The stock market in 2021 will be “crazier than the dot-com bubble,” according to Charlie Munger. As he sees it, any dip in the stock market is merely an opportunity to buy more stock. His approach to investing is to make small, infrequent investments and to only buy stocks when they are guaranteed to yield a profit. A total of $106 million was added to Charlie Munger’s Daily Journal holdings during the year that ended in September of 2021. Despite Alibaba Group Holding Limited falling in value, the hedge fund’s total unrealized gains increased by 77 percent to $244 million.

Here is Insider Monkey’s list of top stock picks of Charlie Munger’s Daily Journal. Pohang, South Korea-based POSCO is a steel manufacturing and construction services company. While the stock underperformed badly in 2014, Charlie Munger didn’t sell his POSCO holdings. The US Bank National Association, a wholly-owned subsidiary of U.S. Bancorp, is a bank holding company. As of Q3 2021, Berkshire Hathaway, controlled by Charlie Munger, had a $7.5 billion stake, making it the largest shareholder. For more details, click Top Stock Picks Of Charlie Munger’s Daily Journal.