Charlie Munger: ‘The Phone Is Not Ringing Off the Hook’ ( LINK ) "The Practice of Value Investing" by Li Lu (November 2019 speec...

"In the main, therefore, slumps are experiences to be lived through and survived with as much equanimity and patience as possible. Adv...

"There's no such thing as a value company. Price is all that matters. At some price, an asset is a buy, at another it's a hold...

"It’s not what you buy that determines your results, it’s what you pay for it." --Howard Marks ( Mastering the Market Cycle ) ...

"Any asset class that has a big move, that’s based initially on fundamentals, is going to attract speculative participation at some po...

Part 3 of the Charlie Munger & Li Lu Interview [also added to yesterday's post] ( LINK ) Li Lu's Discussion of Modernization (...

Link to Part 1 Link to Part 2 Link to Part 3

Rare Charlie Munger and Li Lu Interview - Part I [H/T Linc] ( LINK ) Li Lu on Charlie Munger's Greatest Influence ( LINK ) I’ve wi...

"First, define your own circle of competence with intellectual honesty. You have to know what you don’t know to determine what you kno...

5 Minutes Early Is On Time, On Time Is Late, And That's Ok - by Brent Beshore ( LINK ) Brent's article reminded me of something Li...

"That's how history unfolds. People weave a web of meaning, believe in it with all their heart, but sooner or later the web unrave...

‘James Bond of Philanthropy’ Gives Away the Last of His Fortune ( LINK ) Related book:  The Billionaire Who Wasn't: How Chuck Feeney S...

Li Lu reflects on turning 50 [scroll down to number 3 in the link] ( LINK ) If I have anything to do with that journey, it is simply that...

From  Charlie Munger: The Complete Investor : Munger has a range of approaches he uses to avoid mistakes. To make this point by analogy,...

From Tariq Ali’s Notes from Li Lu’s 2010 Lecture at Columbia The key in investing is to know what you know and know what you don’t know. ...

As I came across the Russo quote below again, I was reminded of a few others, so I thought I'd group them together.  From Tom Russo...

Li Lu Adds 3 Mil Shares In BYD On The Day Of Stock Plunge ( LINK ) On the day that the stock of Chinese electric cars company BYD took a ...

Via notes from his 2010 lecture at Columbia : You can’t truly understand everything about a business in 1 week. It took me 10 years an...

Featuring Li Lu, Paul Isaac, and Preston Athey. Link to: Graham and Doddsville Newsletter - Spring 2013

Found via Santangel's Review . Link to Part 1 Link to Part 2 Link to Part 3