[talky]

no matter how much u pumped into the market even though u are a billionaire,u still hv to admit defeat to the market.
the market is ALWAYS RIGHT.
LOOK AT GIC TEMASEK WARREN BUFFETT STILL HV TO CUT LOSS

[sgbuffett]

Any investment can go wrong and lose money

I think Munger mistake was he borrowed to buy Alibaba.
When Alibaba plunged to 70$ he kena margin call and forced to sell

Munger may be one of the greatest investor of all time but I think he never study volatility of HK and China market ...deliberately triggering margin call is one tactic used by traders. For no reason s stock can move down 20% then next few days recover ...

In March 2022 riding on negative sentiment tye traders triggered many forced liquidation of margin position.

I believe Munger kena forced liquidation. But it is pocket change for him.

[keys]

thanks to Jack big mouth ..his baby will be slowly rip aparted and fed to the dogs

[sgbuffett]

thanks to Jack big mouth ..his baby will be slowly rip aparted and fed to the dogs

True that is why I keep only small amount of Alibaba.
The CCP is very vengeful....any one that offend them they are vindictive.

[Niubee]

True that is why I keep only small amount of Alibaba.
The CCP is very vengeful....any one that offend them they are vindictive.

I think the vengeful is u. Incorrigible