He met Munger on Thanksgiving Day 2003, and they became lifelong friends. Meeting Munger was one of the most important events that changed Li Lu’s life. Munger said Li Lu was the only outside manager he had invested in and called him “China’s Warren Buffett.”
Category: Investing Guru
Charles Ellis and his “Winning the Loser’s Game”
“Winning the Loser’s Game” is the most famous book by Charles Ellis, this book is also a must-read investment that I often recommend to investors.
“How to Invest”
“How to Invest” was written by David. Rubinstein interviewed 24 famous investors. These 24 famous investors came from different investment fields. They are all top-notch business founders or investors in their respective fields and are very representative. I hope readers can gain inspiration for getting rich from the heartfelt advice given to other investors by 24 famous investors.
Key points from Munger Wesco’s 24 years of shareholder meetings
First of all, Munger Wesco shareholders’ meetings over the years (1987 to 2010) are a must-read collection for U.S. stock investors.
Learning to avoid failure
The advantages to avoid failure: Learning to avoid failure and mistake, avoid areas beyond your capabilities, avoid mistake of omission.
Why is Costco’s valuation so staggering?
Don’t use ordinary retail or general industries to explain its valuation. Costco’s valuation phenomenon in the retail industry should be comparable only to Amazon.
Howard Marks interview with the Motley Fool
Howard Marks’ interview with The Motley Fool revolves around the most important core concepts of investment, such as the nature of investment, market rules, and human weaknesses
Primer’s book to know Buffett-“Warren Buffett: Investor and Entrepreneur”
“Warren Buffett: Investor and Entrepreneur” is published in 2022, written by Todd. A book about Buffett by Todd A. Finkle.
a16z’s “Secrets of sand hill road” to investors and entrepreneurs
“Secrets of sand hill road” is a practical book written by key members of the management team of Andreessen Horowitz, one of the top, mainstream, and still very active Silicon Valley venture capital firms.
Seeking facts is the first step in investment
The better you know the facts, and the more facts you know, the better you do as an investor.