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Charlie Munger on Why He Used Leverage to Buy ALIBABA | DJ 2023 【C:C.M 277】

In this video, Charlie Munger discusses his use of leverage in investing with Warren Buffett. He explains how it worked for them early in their careers and why he recently used it for Alibaba. He also talks about Berkshire Hathaway's use of leverage and whether it's the least evil of the "three Ls." Charlie Munger's Recommended Book List: ► https://www.amazon.com/shop/yapss ► Video Transcript & YAPSS Takeaway: https://www.yapss.com/post/charlie-mu... This is Daily Journal Annual Meeting with Charlie Munger on February 15, 2023. ► Full Video: https://www.youtube.com/live/9VVPO3KW... ☆Who is Charlie Munger?☆ Charlie Munger is vice chairman of Berkshire Hathaway and the closest partner of Warren Buffett. He is one of the best investors ever existed with his profound wisdom in investing, business and life. Prior joining Warren Buffett at Berkshire Hathaway, Charlie Munger ran an investment partnership that returned an average of 20% per year from 1962 to 1975. Meanwhile, the S&P 500 averaged an annual return of just 5% in that time. Share this video with a friend if you find it useful! Consider subscribing to the channel for videos about investing, business and life from Charlie Munger and other great investors! For any concerns, business inquiries, etc. please contact us via email [email protected] YAPSS Playlist – Collection: Charlie Munger:    • [Collection: Charlie Munger]   #YAPSS #CharlieMunger #DailyJournal Charlie Munger on Why He Used Leverage to Buy ALIBABA | DJ 2023 【C:C.M 277】

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