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140 days

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.

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FAQ

Why Bullish?

The substantial price increase post-Munger's comments suggests renewed market confidence in BABA.

How important is it?

Munger's comments and stock performance reflect shifting investor sentiment and market dynamics.

Why Short Term?

Short-term volatility may persist but confidence is likely sustained in the near future.

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