Li Lu

    In my view, the greatest investment risk is not price volatility but whether you suffer a permanent loss of capital. A mere decline in stock prices is not only not a risk but an opportunity. Where else do you look for cheap stocks?

    — Li Lu

    Country
    China
    Type
    💎 Value Investor
    Company
    Himalaya Capital
    Born

    Profile

    About Li Lu

    Born: April 6, 1966 in Tangshan, Hebei, China
    📍 Place of residence: Seattle, Washington, United States
    📈 Investment style: Value investor

    His investment company Himalaya Capital Management LLC

    👥 Management: Li Lu (Founder & Chairman)
    ✍️ Founded: 1997
    🏢 Headquarters: Seattle, Washington, United States
    💼 Industry: Investment funds

    His life

    Early life and education

    Li Lu was born in Tangshan, China, in 1966. A survivor of the 1976 earthquake, he initially studied physics at Nanjing University, then switched to economics. In 1989, he made a name for himself as a student leader in the Tiananmen Square protests.

    Wedding on Tiananmen Square

    In 1989, Li Lu symbolically married in Tiananmen Square. The ceremony, marked by solidarity and resistance, became a bright spot amidst political unrest. The wedding was intended not only to symbolize personal happiness but also to serve as an act of resistance against traditional restrictions.

    Himalaya Capital Management

    At the age of 23, he fled China for the United States. After graduating from Columbia University in 1996, Li Lu founded Himalaya Capital Management in 1997. Known for its conservative and long-term investment strategies, the firm grew into a major force in the financial sector under his leadership. His partnership with Warren Buffett cemented his position as an investment expert.

    Training and banking career

    Li Lu graduated with a BA in Economics, an MBA, and a Juris Doctor. Inspired by Warren Buffett, he embarked on a banking career and founded Himalaya Capital Management in 1997. The firm became known for its disciplined and value-oriented investment strategy, which achieved impressive returns under his leadership.

    Philanthropy and Awards

    In addition to his involvement in the financial sector, Li Lu also championed educational programs and supported the remembrance of the Tiananmen Square massacre. Awards, including those from the World Economic Forum and membership in the American Academy of Arts and Sciences, recognized his outstanding commitment to social responsibility.

    Top 5 Positions View full portfolio

    Company Shares Market value Share price
    Bank of America Corporation 14M $578M $42
    Berkshire Hathaway Inc. 898K $478M $533
    Alphabet Inc. 2.5M $393M $155
    Alphabet Inc. 2.5M $383M $156
    East West Bancorp, Inc. 2.8M $249M $90

    Recent Transactions View all

    Date Company Shares change Transaction type
    Bank of America Corporation -4.2M SELL
    Apple Inc. -207K SELL
    Alphabet Inc. -593K SELL
    Apple Inc. -442K SELL
    East West Bancorp, Inc. +480K BUY

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