{"id":13347,"date":"2026-05-22T05:40:28","date_gmt":"2026-05-22T05:40:28","guid":{"rendered":"https:\/\/charliemungersays.com\/?p=13347"},"modified":"2026-05-22T05:40:28","modified_gmt":"2026-05-22T05:40:28","slug":"510-charlie-munger-destroyed-a-best-loved-idea-in-2023-but-which-one-alibaba","status":"publish","type":"post","link":"https:\/\/charliemungersays.com\/index.php\/2026\/05\/22\/510-charlie-munger-destroyed-a-best-loved-idea-in-2023-but-which-one-alibaba\/","title":{"rendered":"510. Charlie Munger destroyed a best-loved idea in 2023 but which one? : Alibaba"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-video is-provider-tiktok wp-block-embed-tiktok\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"tiktok-embed\" cite=\"https:\/\/www.tiktok.com\/@billionairephilosophy\/video\/7642582670190349588\" data-video-id=\"7642582670190349588\" data-embed-from=\"oembed\" style=\"max-width:605px; min-width:325px;\"> <section> <a target=\"_blank\" title=\"@billionairephilosophy\" href=\"https:\/\/www.tiktok.com\/@billionairephilosophy?refer=embed\">@billionairephilosophy<\/a> <p>Charlie Munger destroyed a best-loved idea in 2023 but which one Alibaba Charlie Munger famously tries to destroy one of his best-loved ideas each year. For 2023, it&#8217;s Alibaba: Online retailing is still retailing. Charlie Munger\u2019s Quotable Quotes: \u201cAny year that you don&#8217;t destroy one of your best-loved ideas is probably a wasted year.\u201d I know I&#8217;ll perform better if I rub my nose in my mistakes. This is a wonderful trick to learn.\u201d Charlie Munger and Warren Buffett &#8211; Recommended Book Lists https:\/\/www.amazon.com\/shop\/billionairephilosophy @billionairephilosophy <a title=\"destroyownidea\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/destroyownidea?refer=embed\">#destroyownidea<\/a> <a title=\"alibaba\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/alibaba?refer=embed\">#alibaba<\/a> <a title=\"rubnosein\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/rubnosein?refer=embed\">#rubnosein<\/a> <a title=\"retailing\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/retailing?refer=embed\">#retailing<\/a> <a title=\"mistakes\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/mistakes?refer=embed\">#mistakes<\/a> <a title=\"charliemunger\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/charliemunger?refer=embed\">#charliemunger<\/a> <a title=\"berkshirehathaway\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/berkshirehathaway?refer=embed\">#berkshirehathaway<\/a> <a title=\"djco\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/djco?refer=embed\">#djco<\/a> <a title=\"dailyjournalannualmeeting\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/dailyjournalannualmeeting?refer=embed\">#dailyjournalannualmeeting<\/a> <a title=\"2023\u2764\ud83d\ude0d\" target=\"_blank\" href=\"https:\/\/www.tiktok.com\/tag\/2023%E2%9D%A4%F0%9F%98%8D?refer=embed\">#2023\u2764\ud83d\ude0d<\/a> Charles Thomas Munger is a wise, perspicacious American billionaire investor, businessman, and lawyer who gets to the core of complex matters in seconds. He cuts to the chase, and often which his unique sense of humor. He is the Vice-Chairman of Berkshire Hathaway and business partner of Warren Buffett. Their friendship is legendary and worthy of emulation. For business inquiries or other matters, please contact us via email: billionairephilosophy88@gmail.com. Subscribe now: @https:\/\/www.youtube.com\/c\/BillionairePhilosophy?sub_confirmation=1 Please visit us: Amazon Link: https:\/\/amzn.to\/3C8lF04 Url Links https:\/\/www.charliemungersays.com https:\/\/www.billionairephilosophy.com https:\/\/www.warrenbuffettsays.com Facebook Groups https:\/\/www.facebook.com\/groups\/charliemungersays https:\/\/www.facebook.com\/groups\/billionairephilosophy https:\/\/www.facebook.com\/groups\/warrenbuffettsays<\/p> <a target=\"_blank\" title=\"\u266c original sound - BillionairePhilosophy - BillionairePhilosophy\" href=\"https:\/\/www.tiktok.com\/music\/original-sound-BillionairePhilosophy-7642582721081182984?refer=embed\">\u266c original sound &#8211; BillionairePhilosophy &#8211; BillionairePhilosophy<\/a> <\/section> <\/blockquote> <script async src=\"https:\/\/www.tiktok.com\/embed.js\"><\/script>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13347","post","type-post","status-publish","format-standard","hentry","category-charlie-mungers-3-categories-of-investment-in-out-too-tough"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/charliemungersays.com\/index.php\/wp-json\/wp\/v2\/posts\/13347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/charliemungersays.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/charliemungersays.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/charliemungersays.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/charliemungersays.com\/index.php\/wp-json\/wp\/v2\/comments?post=13347"}],"version-history":[{"count":1,"href":"https:\/\/charliemungersays.com\/index.php\/wp-json\/wp\/v2\/posts\/13347\/revisions"}],"predecessor-version":[{"id":13348,"href":"https:\/\/charliemungersays.com\/index.php\/wp-json\/wp\/v2\/posts\/13347\/revisions\/13348"}],"wp:attachment":[{"href":"https:\/\/charliemungersays.com\/index.php\/wp-json\/wp\/v2\/media?parent=13347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/charliemungersays.com\/index.php\/wp-json\/wp\/v2\/categories?post=13347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/charliemungersays.com\/index.php\/wp-json\/wp\/v2\/tags?post=13347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}