#75 – Principles of Value Investing from Li Lu of Himalaya Capital

In this episode, we will be going over concepts such as Margin of Safety, Mr. Market, and Compounding explained by Li Lu who is a manager at Himalaya Capital an $18.5B  fund out of which $2.1B is invested in the US markets. More importantly, he is a student of Warren Buffett and Charlie Munger and one of the value investors we follow closely (link to 13F episode).
He is hailed as the Chinese Warren Buffett. Here’s the kicker. If you had invested $1000 with Li Lu in 1997, the total return as of today would have been $321,000 compared to $6,600 in S&P.
So when he talks about value investing, we have to listen to him and today, we are going to do the same..
Who is Li Lu?
Li Lu was born in China but had to flee the country as he was one of the protestors in the 1989 Tiananmen Square protests. He fled to the US via France got a scholarship in Columbia. He got 3 degrees – economics, physics, and business. He didn’t speak English, so learned that too.
Useful links:
All Streaming Platforms for Cold Brew Money Podcast: https://coldbrew.money/links/
About Cold Brew Money: https://coldbrew.money/about/
All Cold Brew Money Episodes: https://coldbrew.money/episodes/
Cold Brew Money Tools: https://coldbrew.money/tools/
Buy Us A Coffee: https://www.buymeacoffee.com/coldbrewmoney
Atit Kothari: https://kothariatit.com/
Tapan Desai: https://tapandesai.com/
Atit’s Newsletter: https://atitkothari.substack.com/
Tapan’s Newsletter: https://tapandesai.substack.com/
Contact Us:
Twitter: https://twitter.com/coldbrewmoney
Instagram: https://www.instagram.com/coldbrewmoney/
The information in this video is general information only and should not be taken as constituting professional advice from Atit or Tapan. Atit and Tapan are not financial advisers. You should consider seeking independent legal, financial, taxation or other advice to check how the information relates to your unique circumstances. Atit or Tapan are not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this video.

This episode is sponsored by
· Anchor: The easiest way to make a podcast. https://anchor.fm/app

Send in a voice message: https://anchor.fm/cold-brew-money/message