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Focused investors/Daily Journal Corp (Charlie Munger)

Daily Journal Corp (Charlie Munger)

Portfolio formerly managed by Charlie Munger (1924-2023), Chairman of Daily Journal Corp.

As of Q3 2026, Daily Journal Corp (Charlie Munger) reported 4 long-equity positions worth $249.84M in aggregate.

Copy-investor backtest

Latest quarter
-2.65%
1-year
+5.28%
3-year
+102.91%
5-year
+37.61%
3-year vs S&P 500
+30.52%
5-year vs S&P 500
-36.06%
5-year top 5
+37.61%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.

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Updated 2026-09-19 from SEC 13F data.

Live quotes available for 3 of 4 rows. Rows without a quote are marked unavailable.

1WFCWells Fargo & Co66.20%-1,591,800$89.52M$56.24No quote
2BACBank of America Corp28.95%-2,300,000$39.15M$17.02No quote
3USBUS Bancorp4.49%-140,000$6.08M$43.40No quote
4PKXPosco ADR0.35%-9,745$478KNo quoteNo quote