Charlie's Thinking on BABA?

How much to allocate to a big idea?

From a previous Berkshire annual meeting…

Munger: “There have been times in my life when I have had more than 100% in things”

Didn’t Charlie use leverage to buy an early BABA tranche for the DJCO account?

Buffett: " You will see things over time where it would be a mistake, if you are working with smaller sums, not to have 50% of your net worth in them"

At the moment, I’m over 40% BABA.

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