Alibaba Chair Joe Tsai on Mistakes & Correcting Course

I react to and discuss part of a recent interview with Alibaba co-founder & Chair Joe Tsai, conducted by Norges Bank Investment Management. In this part, Joe Tsai discusses starting out as an investor before co-founding Alibaba, meeting Jack Ma, scaling Alibaba, falling behind the increasingly intense competition in China, acknowledging mistakes, and recently reorganising Alibaba to course correct. Alibaba stock ticker: BABA. See below timestamps: 00:36 Starting as an investor 01:48 Meeting Jack Ma at startup Alibaba 04:27 Monetizing and scaling Alibaba with Jack Ma 07:33 Falling behind the competition and acknowledging mistakes 08:49 Reorganizing Alibaba to correct course The Art of Value: Alibaba Stock channel is here: https://www.youtube.com/@TheArtOfValueBABA Related episodes: Alibaba Stock: New Jack Ma Memo Hints at Return? https://youtu.be/vfRp0GVBn1w Alibaba Stock: Is The Bottom In? Chairman Joe Tsai Interview! https://youtu.be/eZ4x8z2qjII Alibaba Stock: BABA Supersizes Share Buybacks! https://youtu.be/PuuoIB05p7M Reference video interview: Joe Tsai Co-founder & Chair of Alibaba | In Good Company | Norges Bank Investment Management ⁠https://youtu.be/mT6mRJehJdw⁠ Join The Art of Value Patreon community for exclusive videos and more: https://www.patreon.com/TheArtofValue Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.