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The Investor's Podcast (We Study Billionaires)  - The Investor’s Podcast Network

TIP203: Learning from Billionaire Jack Ma and his company Alibaba (Business Podcast)

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Business, Education, Investing

4.63.6K Ratings

🗓️ 12 August 2018

⏱️ 50 minutes

🧾️ Download transcript

Summary

On today’s show we are talking about the famous Chinese billionaire, Jack Ma. Jack’s personal net worth is is around 42 billion dollars. He’s the founder and executive chairman of the Alibaba Group.  In 2017, he was ranked 2nd for the World’s greatest leaders by Fortune Magazine. During the discussion we play some interesting Q&A's Jack has been a part of during the past two years. IN THIS EPISODE YOU’LL LEARN: How Alibaba is an E-commerce enabler like Google. Why it’s always the same reasons people fail. The story of trade unions and pros and cons of removing tariffs and quotas. Ask The Investors: How do you evaluate the performance of managements when investing in a stock?  BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Related Episode: Listen to Preston and Stig’s discussion of Daymond John’s book, The Power of Broke or watch video here. Related Episode: Listen to Preston and Stig’s discussion of Duncan Clark’s book, Alibaba or watch video here. Related Episode: Listen to Preston and Stig’s discussion with Richard Duncan about The History of the US Dollar or watch video here. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts.  SPONSORS Support our free podcast by supporting our sponsors: ⁠HardBlock⁠ ⁠Human Rights Foundation⁠ ⁠Plus500⁠ ⁠Netsuite⁠ ⁠Shopify⁠ ⁠Vanta⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. 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Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP.

0:02.0

Hey, so how's everyone doing out there?

0:05.1

On today's show, we're going to be talking about the famous Chinese billionaire Jack Ma.

0:09.8

In the past, we read a book about Jack Ma and reported back on everything we learned about

0:13.8

his biography and his rise to e-commerce dominance inside of China.

0:18.6

But today, we're going to be highlighting a few of the more interesting comments that

0:22.0

we've recently found with interviews that Jack has conducted.

0:26.1

His personal net worth is around $42 billion.

0:29.8

He's the founder and executive chairman of Alibaba Group.

0:33.0

And in 2017, he was ranked second for the world's greatest leaders by Fortune magazine.

0:39.1

So without further delay, here are some of the more interesting comments from the Q&A's

0:43.2

with billionaire Jack Ma.

0:48.5

You are listening to THE Investors Podcast.

0:51.4

So we study the financial markets and read the books that influence self-made billionaires

0:55.7

the most.

0:56.7

We keep you informed and prepared for the unexpected.

1:00.4

Alright, so welcome to the show.

1:11.1

Like we said in the introduction, we're going to be covering Jack Ma, who's the famous

1:15.4

billionaire out of China.

1:17.6

And to kick this off, we'll display our first question and Jack's response to the first

1:21.6

question.

1:22.6

And this question was, can you give us two or three things that would help people understand

...

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