Published on 1 Nov 2021 on Insider Monkey via Yahoo Finance
Charlie Munger Stock Portfolio: 10 Biggest Positions
In this article, we discuss the 10 biggest positions in the Charlie Munger stock portfolio. If you want to skip our detailed analysis of these stocks, go directly to Charlie Munger Stock Portfolio: 5 Biggest Positions.
Charlie Munger is a name in the finance world that is often associated with Warren Buffett, one of the most successful investors of all-time. However, the success of Buffett over the years, according to his own admission, has been in large part due to the advice and help of Munger. A six-decade long ongoing friendship turned into a business relationship in 1978. Munger owns Daily Journal Corporation, a publishing and technology company by core interest that has an impressive stock portfolio as well.
Munger thrives on a value investing strategy that places an emphasis on quality over quantity. The portfolio of Daily Journal Corporation consists of just five stocks. It is close to $225 million in value and comprises largely of finance companies. In recent months, Munger has invited controversy in the media with long tirades about the development of Bitcoin, the most popular cryptocurrency. At a meeting earlier this year, he termed Bitcoin “contrary to the interests of civilization” and also termed new developments in the crypto world “disgusting”.