Li Lu

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 strategy is reflected in his top five stock holdings, showcasing his preference for a mix of financial institutions and technology companies. Leading his portfolio is Bank Of America Corp., representing 29.7% of the total investments, indicating a strong confidence in the banking sector's potential for growth. Alphabet Inc’s Ordinary Shares - Class C comes in second with 20.1%, followed closely by Berkshire Hathaway Inc.'s Ordinary Shares - Class B at 17.5%. This diversity illustrates Li Lu’s balanced approach towards both tech innovation and stable, long-term value represented by Warren Buffett’s conglomerate.Moreover, Alphabet Inc’s Ordinary Shares - Class A, accounting for 16.7% of the portfolio, suggests a significant bet on Alphabet Inc's continued dominance in the digital space. Lastly, East West Bancorp, Inc., making up 9.6% of his investments, highlights a focus on regional banking alongside major national players. This overview not only gives potential investors insight into Li Lu’s market approach, focusing on both stability and growth sectors but also reflects strategic diversification within the technology sphere itself, through substantial stakes in both classes of Alphabet Inc's shares. The curated selection of stocks across finance and tech industries underscores Li Lu's recognition of foundational economic sectors alongside new-age digital markets, offering a comprehensive snapshot of where he sees value in the current landscape.