芒格对阿里的原话在这里：I regard Alibaba as one of the biggest mistake. In thinking about alibaba I got charmed with the idea of their position on the Chinese internet.I didn’t stop to realize that they are still god damned retailer. It’s going be a very competitive business in the internet and it’s not going to be cake-walk for everybody. 我在北美读了十年书，翻译一下：我认为阿里巴巴是我最错误的投资选择之一。当初考虑阿里巴巴的时候，我被它在中国互联网领先的地位吸引，却没有想清楚它始终还是一个零售商。零售业即使在互联网上也是竞争很大的。在这行做生意不会像拿免费蛋糕那么简单……
$阿里巴巴(BABA)$ $阿里巴巴-SW(09988)$ $伯克希尔-哈撒韦B(BRK.B)$