Podcast Episode Details
Back to Podcast Episodes
TIP636: Billionaire Investing Legend Li Lu w/ Clay Finck
Episode 890
On today’s episode, Clay dives into the investment approach of billionaire value investor Li Lu.
Li Lu is the Founder and Chairman of Himalaya Capital, a value investing firm where he has been managing its principal fund since 1997. Before his passing in 2023, Charlie Munger was an investor in the fund.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
01:27 - The back story of Li Lu’s early life.
06:46 - Li Lu’s investment philosophy.
08:28 - The four key investment principles he adheres to.
29:36 - Li Lu’s view on investing in China.
44:52 - An overview of Alphabet, one of Li Lu’s top holdings.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
- Li Lu’s book: Moving the Mountain.
- Check out: FT Magazine Article.
- Check out: Li Lu’s 2006 talk at Columbia.
- Related Episode: RWH008: Playing to Win w/ Mohnish Pabrai | YouTube video.
- Follow Clay on Twitter.
- Check out all the books mentioned and discussed in our podcast episodes here.
- Enjoy ad-free episodes when you subscribe to our Premium Feed.
NEW TO THE SHOW?
- Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
- Check out our We Study Billionaires Starter Packs.
- Browse through all our episodes (complete with transcripts) here.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
- Enjoy exclusive perks from our favorite Apps and Services.
- Stay up-to-date on financial markets and investing strategies through our daily newsletter, Published on 1 year, 6 months ago