Li Lu
Li Lu📌 Buying Principles

Li Lu's Buying Principles Rules

Li Lu (born April 6, 1966) is a Chinese-American investor and founder of Himalaya Capital Management. He is one of the few fund managers to have Charlie Munger as a personal investor, and Munger has called him one of the finest investors he has ever known. Born in China during the Cultural Revolution, Li Lu was a student leader during...

3 principles·Buying Principles

3 Key Buying Principles Principles

#1

China Opportunity

"China represents one of the greatest investment opportunities of our time. Understand its unique dynamics."

China represents one of the greatest investment opportunities in modern history.

🌿 Intermediate★★★★★
Read Full Analysis →
#2

Buy Below Intrinsic Value

"The cardinal rule of investing: buy only when the price is significantly below your conservative estimate of intrinsic value. This builds in protection against error."

Buy only at prices well below intrinsic value.

🌿 Intermediate★★★★★
Read Full Analysis →
#3

Wait for the Right Opportunity

"The stock market is a no-called-strike game. You don't have to swing at every pitch. Wait for the fat pitch — the opportunity that offers exceptional risk-reward."

Wait for exceptional risk-reward opportunities.

🌿 Intermediate★★★★★
Read Full Analysis →

Frequently Asked Questions

What are Li Lu's key buying principles principles?

Li Lu has 3 key principles on buying principles. The most important one is "China Opportunity" — China represents one of the greatest investment opportunities of our time.

How does Li Lu apply buying principles in practice?

Li Lu applies buying principles through several key principles including "China Opportunity" and "Buy Below Intrinsic Value". These principles guide practical investment decisions and have been tested across decades of market cycles.

What makes Li Lu's approach to buying principles unique?

Li Lu's approach to buying principles is distinguished by a focus on long-term thinking and fundamental analysis. With 3 specific principles in this area, Li Lu provides a comprehensive framework that investors at any level can study and apply to improve their decision-making.

Explore More