The late Charlie Munger said investing in Alibaba was a huge mistake. He might have been wrong.
1. Charlie Munger called Alibaba a bad investment before passing in November 2023. 2. Alibaba stock surged 74% since Munger's death amid a wider Chinese tech rally. 3. Munger's stake in Alibaba constituted nearly 30% of Daily Journal's portfolio. 4. He criticized Jack Ma for arrogance, impacting Alibaba's market perception. 5. Alibaba's stock price remains less than half of its October 2020 peak.