Charlie Munger: What You Need To Know About The Future Of The Media Business

The Daily Journal Corporation’s market value has exploded over the past decade, even as its core business has declined. The company’s balance sheet has snowballed in size thanks to the investment skills of its chairman, Charlie Munger. Q4 2019 hedge fund letters, conferences and more If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out Hidden Value Stocks. Amid the financial crisis, Munger decided to invest the group’s sizeable cash balance into a handful of stocks. This proved to be a very savvy investment. Today, these holdings make up virtually all of the Daily…