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 portfolio highlights concentrated positions in growth and quality businesses, reflecting a preference for durable franchises and high-conviction stocks. The top investments include:
1) PDD Holdings Inc - ADR: A major e-commerce and technology investment focused on consumer engagement, logistics scale, and platform monetization. Strong growth potential is supported by competitive positioning in online retail and services.
2) Alphabet Inc - Ordinary Shares - Class A: A core investment in a diversified technology leader with durable cash flows from advertising, cloud services, and AI-driven product cycles. Represents a blend of growth and defensible market share.
3) Alphabet Inc - Ordinary Shares - Class C: Complementing the Class A stake, this position maintains exposure to the same underlying business drivers—search, advertising, and cloud—while emphasizing long-term innovation and capital efficiency.
4) Berkshire Hathaway Inc. - Ordinary Shares - Class B: A value-and-quality oriented investment combining insurance underwriting strength with a broad portfolio of operating companies. Often viewed as a resilient holding that can compound through market cycles.
5) East West Bancorp, Inc.: A regional banking investment tied to credit quality discipline, deposit franchise strength, and asset-liability management. Offers leverage to favorable economic conditions while emphasizing bank fundamentals.
Overall, Li Lu’s portfolio approach emphasizes long-horizon investment in established platforms, scalable business models, and quality capital allocation—positioning these stocks for potential compounding across evolving market cycles.
Born in China, Li Lu eventually immigrated to the U.S. and launched his own fund, Himalaya Capital. Lu, a student activist during the Tiananmen Square protests, was inspired to ...
The Motley Fool, 5 months ago
Analyze Li Lu's top 5 holdings for August 2026, featuring Alphabet Inc (GOOGL). Learn about Himalaya Capital's long-term investment strategy in US and Asia.
stockcircle, 15 days ago
Explore the 5 highest dividend-yielding stocks in Li Lu’s July 2026 portfolio, including H&R Block (HRB), and discover Himalaya Capital’s top income holdings.
stockcircle, about 2 months ago
Explore Li Lu's 5 largest holdings for June 2026, featuring Alphabet (GOOGL). Learn about Himalaya Capital's value investing approach in the US and Asia.
stockcircle, 3 months ago
Li Lu was born and raised in Tangshan, China. He is a survivor of the 1976 Tangshan earthquake. In 1985 he went to Nanjing University, majoring in physics, later switching to economics. In 1989, he participated in the student protests in Tiananmen Square (also known as the Tian'anmen Massacre) and became one of the student leaders. He helped organise the students and participated in a hunger strike. He fled the People's Republic of China with the help of the organisation Operation Yellowbird.
He left China to study at Columbia University in the United States. In 1990, he published a book about his experience with China entitled Moving the Mountain: My Life in China.
