investor li lu could be buffett's successor: report
this is not news for value walk readers. i have written several articles in the past few months stating that li lu would likely become the future chief investment officer of berkshire hathaway. david sokol who currently runs netjets is likely to become buffetts replacement as ceo.
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here is an excerpt of li lu from wikipedia, he is credited for helping berkshire hunt down byd. charlie munger is impressed with him. buffett may make him the next investment head to take over buffett’s place when he’s gone.
in may 2010, li lu helped to translate and publish the chinese version of poor charlies almanack, the wit and wisdom of charles t. mungerâ (isbn 978-7-208-08994-5) in china and wrote a foreword for the book.[5]
american fund manager and investor founder and chairman of himalaya capital management. li lu was born and grew up in tangshan china. he was a survivor o…
warren buffett declined to directly comment on li lu, but was quoted as follows in the wall street journal article:
do you have a link to a video or care to provide any specifics? i have yet to read anything negative about li lu’s involvement in the demonstrations and believe buffett and munger to be excellent judges of character.