The late Charlie Munger said investing in Alibaba was a huge mistake. He might have been wrong.
1 Articles
1 Articles
The late Charlie Munger said investing in Alibaba was a huge mistake. He might have been wrong.
Charlie Munger (right) was Warren Buffett's right-hand man for more than 40 years.Getty ImagesCharlie Munger called Alibaba one of his worst investments before he died in November 2023.Warren Buffett's late business partner may have been too harsh, as the stock has soared 74% since then.As Daily Journal's chairman, he built a $72 million stake that made up nearly 30% of its portfolio.Charlie Munger labeled his Alibaba wager one of the worst mist…
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