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 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.
1.) 71.56% of the companies in his portfolio are profitable, with an average P/E ratio of 13.27x. 2.) The companies with the best profit margin in his portfolio are Apple Inc (24.56%), followed by Pinduoduo Inc(23.82%), and Micron Technology Inc. (22.78%). 3.) The largest company in Li Lu portfolio by market cap is Apple Inc, while the smallest is Sina Corp.. 4.) The average dividend of the stocks in his portfolio is 0.89%. 5.) Li Lu biggest dividend-paying stocks are Bank Of America Corp.(3.2%), Micron Technology Inc.(0.72%), and Apple Inc (0.58%).
