warren buffet wants to make li lu his successor because of his awesome call on byd

breaking news: buffetts successor to be li lu | daily markets

deals of the day: meet li lu — possible buffett successor - deal journal - wsj

meet li lu: an alumni of warren buffett, tiananmen student leader, the next berkshire investment head « investment marathoner

upon graduation, li lu worked in an investment bank until late 1997, when he founded himalaya capital management. from 1998 to 2004, he managed both a hedge fund and a venture capital fund. in late 2004, he transformed the hedge fund into a long only investment vehicle, ll investment partners, lp, which is currently focused on global investment opportunities. charlie munger, vice-chairman of berkshire hathaway and a long-time partner of legendary investor warren buffett, is an investor of his fund, and a mentor and good friendâ (in li lus own words).[3]

li lu was born and grew up in tangshan, china. he was a survivor of 1976 tangshan earthquake. in 1985, he went to nanjing university, majored in physics and later transferred to economics. in 1989, he participated in the tiananmen square student protests and became one of the student leaders.

in a groundbreaking wall street journal article to be published in tomorrow’s newspaper, berkshire hathaway vice chairman charlie munger all but confirms that li lu will become one of berkshire hathaway’s top investment managers.â  we have previously covered li lu on the rational walk and recently posted a video of a presentation he gave at columbia business school outlining his investing philosophy.â  at the berkshire hathaway annual meeting in may, mr. munger made a vague reference to one of berkshire’s investment manager candidates whoâ  returned 200 percent in 2009.â  many believed that he was referring to li lu.

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