This week, the Daily Journal Corporation held its annual general meeting, where Charlie Munger, the billionaire value investor, former chairman, and current director, discussed the company’s investment portfolio and future direction. The company is in the middle of a transition. It is moving away from its legacy newspaper business to providing technology and technology services for the legal industry. The transition is taking time and costing a lot of money because, as Munger noted, most courts are stuck “in the stone age.” However, the Daily Journal has the skills, connections, and resources to push through this change, even though it…
Charlie Munger On AI, Leverage And BYD Vs Tesla
Rupert Hargreaves
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk
