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Intro
This chapter delves into the investment strategy of billionaire value investor Li Lu, known for his long-term focus and close relationship with prominent investors like Charlie Munger. It explores his background, philosophy on trust, and early experiences in the investment world.
On today’s episode, Clay dives into the investment approach of billionaire value investor Li Lu.
Li Lu is the Founder and Chairman of Himalaya Capital, a value investing firm where he has been managing its principal fund since 1997. Before his passing in 2023, Charlie Munger was an investor in the fund.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
01:27 - The back story of Li Lu’s early life.
06:46 - Li Lu’s investment philosophy.
08:28 - The four key investment principles he adheres to.
29:36 - Li Lu’s view on investing in China.
44:52 - An overview of Alphabet, one of Li Lu’s top holdings.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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