Subject: Re: Munger : BRK a pretty damn good bet
CNN quote:

Munger on China and crypto
Munger was also asked about some of Daily Journal's investments in China, particularly in light of the suspected Chinese spy balloon controversy and the country's crackdown on many of its homegrown companies.

Munger said he remains optimistic about China's economy, but conceded that Daily Journal's investment in Alibaba was 'one of the worst mistakes I ever made.'

'I never stopped to think [Alibaba] was still a retailer. It's going to be a competitive business,' he said

https://edition.cnn.com/2023/0...