Li Lu - Investment Philosophy

Value Investing as a Natural Path

Li Lu describes value investing as a "正道" (right path) that he never strayed from:

"I never felt tempted by other methods. Some ways to make quick money or through insider information to make money from others have never had any attraction for me."

The Role of Luck

Li Lu emphasizes the role of luck in success:

"At least in my life, and in the lives of all successful people I know, luck has played a very significant role."

He advocates for maint

Summary

Chinese-American investor and Charlie Munger's fund manager, known for value investing and being handpicked by Munger to manage his personal wealth

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