Author Topic: Li Lu's 2015 speech at Peking U  (Read 6933 times)

GFRhodes

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Li Lu's 2015 speech at Peking U
« on: March 15, 2017, 06:01:19 AM »
Li Lu of Himalaya Capital spoke to students at Peking University's Guanghua School of Management in October 2015 on the "Prospects for Value Investing in China". There's a partial summary on Seeking Alpha based on a machine translation but transcripts have to date only been available in Mandarin. Well, after chipping away for many, many weekends, I'm happy to share a full English translation here. The speech is a long discourse on investment and ethics - almost 40 pages - and will give you an excellent insight into Li's mental models and how he sees China (and perhaps a clue as to Charlie Munger's views on the same). All mistakes are my own, of course.  Enjoy!
« Last Edit: March 15, 2017, 06:52:27 AM by GFRhodes »


redhots

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Re: Li Lu's 2015 speech at Peking U
« Reply #1 on: March 15, 2017, 06:17:04 AM »
Very cool.  Thanks for sharing.  Looking forward to reading this.

alpha

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Re: Li Lu's 2015 speech at Peking U
« Reply #2 on: March 15, 2017, 06:20:00 AM »
Thanks

crastogi

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Re: Li Lu's 2015 speech at Peking U
« Reply #3 on: March 15, 2017, 06:58:51 AM »
thanks for sharing!

Poor Charlie

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Re: Li Lu's 2015 speech at Peking U
« Reply #4 on: March 15, 2017, 07:40:39 AM »
Thanks for sharing this!

KCLarkin

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Re: Li Lu's 2015 speech at Peking U
« Reply #5 on: March 15, 2017, 08:13:27 AM »
Wonderful. Thanks!

InvestingOnSale

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Re: Li Lu's 2015 speech at Peking U
« Reply #6 on: March 15, 2017, 09:31:44 AM »
Fantastic. Thanks for the hard work, GFR!

Gardener

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Re: Li Lu's 2015 speech at Peking U
« Reply #7 on: March 15, 2017, 09:37:03 AM »
Thanks!

hu1682

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Re: Li Lu's 2015 speech at Peking U
« Reply #8 on: March 15, 2017, 10:49:00 AM »
Thanks for the effort. Can you please also share the original Chinese version?

fareastwarriors

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Re: Li Lu's 2015 speech at Peking U
« Reply #9 on: March 15, 2017, 10:52:18 AM »
Thanks for the effort. Can you please also share the original Chinese version?

Isn't the link in the pdf already?