Interview Jack Ma

Good management is one of the most important criteria in stock investing. That is because the management plays the biggest role in determining the revenue and earnings, while providing the vision to deliver superior performance for years and years to come.

But getting to know the management (especially for overseas listed companies) is almost impossible for most investors. We typically have to rely on interviews, earnings call, occasional media profile to make our own judgement about the management. The attached video is an interview of Jack Ma, founder of Alibaba at Stanford Graduate School of Business.

Jack Ma had mentioned the followings in the video:
- Why Yahoo invests in Alibaba 10 years ago.
- Difference between Alibaba and Amazon.
- In the area of eletronic payment, Alibaba is 11 times bigger than Paypal.
- 30 million packages are delivered per day in China. This number will grow to 200 million packages per day in 10 years time.
- 7 years ago, Jack Ma told Walmart senior management that one day Alibaba's business will be bigger than Walmart. Today it has become a fact.
- Jack explains why he names his company as Alibaba.
- Why e-commerce in China is growing faster than USA.
- Why Ali Pay was created.
- Ali Pay was commented as the most stupid product in 2003. Today Ali Pay has 1 billion users and it is the standard mode of payment in China.