Most of the funds and professional money managers would have exposure to these stocks if they have the mandate to invest in technology or foreign stocks. The table shows the variance between the 52-week high of their respective share prices against the share price today. Whenever a company’s share price takes a hit, it is very important to ask oneself this question. Through his vehicle, Daily Journal Corp where he is the chairman, Munger has doubled his stake in Alibaba as the share price continues to skid. A long-term investment horizon would also help ease the decision-making process in buying beaten-down stocks.
