This podcast episode explores Li Lu's incredible journey from surviving a catastrophic earthquake in China to becoming a billionaire value investor and the founder of Himalaya Capital. Li Lu's close friendship with Charlie Munger and Mohnish Pabrai, his investment approach, and his emphasis on consuming accurate and complete information are highlighted. The episode also delves into Li Lu's bold investment decisions, such as his 700% increase in Timberland stock, and his insights on value investing and asset management. Overall, Li Lu's story serves as an inspiring example of how value investing principles and a deep understanding of businesses can lead to success in the stock market.
