Daily Journal, long overseen by Charlie Munger, halves stake in China's Alibaba

Daily Journal, long overseen by Charlie Munger, halves stake in China's Alibaba

REUTERS/Aly Song

Daily Journal Corp, the publishing and software company where Warren Buffett’s business partner Charlie Munger helps oversee investments and until recently was chairman, on Monday said it halved its investment in Chinese e-commerce giant Alibaba Group Holding Ltd.