--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/42155154.md" description: "Charlie Munger started buying Alibaba in the first quarter of 2021, averaged down on paper losses along the way, and finally exited with a 40% loss through forced liquidation.Munger publicly admitted that this was one of his worst mistakes, leaving behind that classic line: Alibaba, at the end of the day, is still a retailer.Less than a year later, the old man passed away suddenly, rumored to have been angered to death by Alibaba 😂" datetime: "2026-06-24T17:03:31.000Z" locales: - [en](https://longbridge.com/en/topics/42155154.md) - [zh-CN](https://longbridge.com/zh-CN/topics/42155154.md) - [zh-HK](https://longbridge.com/zh-HK/topics/42155154.md) author: "[浩浩荡荡地](https://longbridge.com/en/profiles/19784218.md)" --- # Charlie Munger started buying Alibaba in the first… ### Related Stocks - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [89988.HK](https://longbridge.com/en/quote/89988.HK.md) - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [KBAB.US](https://longbridge.com/en/quote/KBAB.US.md) - [BABO.US](https://longbridge.com/en/quote/BABO.US.md) - [BABX.US](https://longbridge.com/en/quote/BABX.US.md) - [HBBD.SG](https://longbridge.com/en/quote/HBBD.SG.md)