Chinese Warren Buffett's 6 Core Values
How to go from an orphanage in China with no resources to one of the best value investors in history?
One of the most impressive personal and professional success stories is Li Lu, one of the world’s top fund managers.
This fund manager has achieved an average annual return of 30% for more than 20 years. This means that $10k invested in 1995 would have become +$9M today.
Asymmetric Finance is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
These results have been achieved through hard work and perseverance. Li Lu was born in China in 1966, and when he was only three years old, he ended up in an orphanage separated from his parents. They were sympathizers of the People’s Republic.
Li Lu followed in his parents’ footsteps, and in 1989, while studying physics at Nanjing University, he attended the funeral of Hu Yaobang, a second-generation leader of the People’s Republic.
Li Lu and other student leaders then began a series of protests around Tiananmen Square that ended in a crackdown that still has no…