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.

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• Charlie 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 mistakes of his career shortly before he died.