Obviously, everyone pays attention to Berkshire Hathaway’s quarterly filings to see what Warren Buffett is buying, in general and especially in response to the coronavirus pandemic. When Warren Buffett buys stock, he has to deal with the immediate media scrutiny (and often obtains a special SEC exemption to refrain from disclosing the purchase of certain stocks in his quarterly filings to discourage copycats while he is still accumulating various positions).
What is interesting is that the media pays far less attention to Charlie Munger’s investment moves, which are disclosed when he deploys the cash available in the publicly traded Daily Journal Corporation (DJCO) as well as the Alfred Munger Foundation (named after his father), where he allocates the capital.
Many of you saw the news over the weekend where Charlie Munger provided an interview with the Wall Street Journal where he said “The Phone Is Not Ringing Off The … Read the rest of this article!