Li Lu is an investor and businessman who founded Himalaya Capital. He was born in China, but he currently resides in the United States. He studied at Columbia University where he listened to a lecture from Warren Buffett which inspired him to buy his first stocks. There were rumors that Li Lu would take over Warren Buffett's position at Berkshire Hathaway once Buffett steps down but in 2010 Li Lu withdrew himself from consideration for the job.
Li Lu's investment portfolio showcases a strategic selection of established companies, demonstrating his focus on value and long-term growth. The top five stocks reflect Li Lu's conviction in financial services, technology, and diversified holdings.
Bank of America Corp., a leading banking institution, reflects Li Lu’s confidence in the traditional financial sector's resilience and its potential for steady returns amid economic cycles.
Alphabet Inc - Ordinary Shares - Class C embodies a high-growth trajectory with an emphasis on innovation and market dominance in online advertising and various tech segments, devoid of voting rights but with the same economic exposure as Class A shares.
Alphabet Inc - Ordinary Shares - Class A represents a stake in a technological juggernaut with added voting power, signaling Li Lu’s strong belief in Alphabet's enduring strength and leadership in global technology advancements.
Berkshire Hathaway Inc. - Ordinary Shares - Class B, mirrors Li Lu’s admiration for Warren Buffett’s approach to investing, consisting of a diverse array of subsidiaries and stock investments that offer both stability and the potential for appreciation.
Finally, East West Bancorp, Inc., a regional bank focusing primarily on the United States and China, signifies Li Lu’s interest in niche financial markets and his foresight in recognizing valuable players within the international banking scene.
These investments align with Li Lu's overall strategy of picking robust, industry-leading companies capable of sustaining profitability and ensuring durable competitive advantages—a philosophy appealing to investors aiming for well-researched, quality stock picks in their own portfolios.
Li Lu was born and raised in Tangshan, China. He is a survivor of the 1976 Tangshan earthquake. In 1985 he went to Nanjing University, majoring in physics, later switching to economics. In 1989, he participated in the student protests in Tiananmen Square (also known as the Tian'anmen Massacre) and became one of the student leaders. He helped organise the students and participated in a hunger strike. He fled the People's Republic of China with the help of the organisation Operation Yellowbird.
He left China to study at Columbia University in the United States. In 1990, he published a book about his experience with China entitled Moving the Mountain: My Life in China.