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23min chapter
#363 Li Lu and Charlie Munger and Warren Buffett
Founders
Navigating Business Longevity and Investment Wisdom
This chapter explores the dynamics of business endurance, using BYD as a case study to illustrate successful capital allocation and founder adaptability. It emphasizes the value of discipline in investing, the importance of understanding one's strengths, and the benefits of continual learning. Additionally, the discussion reflects on personal growth in investment strategies and the significance of resilience and mentorship throughout life's challenges.
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