Charlie Munger’s Firm Doubles Down on Alibaba Investment. Again.

 Charlie Munger’s Firm Doubles Down on Alibaba Investment. Again.

Charlie Munger’s other firm has doubled down on an investment in Alibaba Group Holding for the second consecutive quarter.

Munger is probably best known as the vice chairman of Berkshire Hathaway (ticker: BRKb). However, he also serves as the chairman of Daily Journal (DJCO), and provides that firm with investing expertise. Daily Journal publishes newspapers and websites covering California and Arizona, and produces information services; it also owns large stakes in stock, with a portfolio valued at $259 million as of Dec….

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