Li Lu: “The Market Is A Mechanism That Discovers Your Weaknesses. Any Fault/Defect You Have Will Be Magnified Infinitely, To The Point Of Complete Destruction.”

Johnny HopkinsLi LuLeave a Comment

One of our favorite investors to follow here at The Acquirer’s Multiple is Li Lu, Founder and Chairman of Himalaya Capital.  In 2015 Li Lu did a value investing lecture at Peking University titled – The Prospect of Value Investing in China, in which he provided a number of fantastic value investing insights. Here’s an excerpt from that lecture: On this … Read More

Li Lu – Investing Is About Intellectual Honesty. Know What You Don’t Know

Johnny HopkinsLi LuLeave a Comment

One of our favorite value investors here at The Acquirer’s Multiple is Li Lu. He is the founder and Chairman of Himalaya Capital Management and was one of the student leaders of the 1989 Tiananmen Square student protests. He famously convinced Charlie Munger to become interested in BYD [a Chinese company which manufactures electric cars, batteries, electronics and solar equipment]. A technology-oriented … Read More