Li Lu

Li Lu and Charlie Munger and Warren Buffett,” the speaker shares experiences and insights from meetings and mentorships with Charlie Munger and Warren Buffett. Munger, initially perceived as distant, provided valuable advice and encouraged long-term investment strategies. Buffett admired Munger’s ability to understand complex businesses and expand his investment horizons. Li Lu, a Chinese businessman, was inspired by Buffett’s lectures and adopted a value investing philosophy. He emphasized the importance of authenticity, intense curiosity, and extensive reading in achieving success. Li Lu discusses his investments in BYD and Bloomberg, emphasizing the importance of staying within one’s circle of competence, focusing on great opportunities, and being a learning machine.