Founders
Episode 363 #363 Li Lu and Charlie Munger and Warren Buffett
Founders

Episode 363: #363 Li Lu and Charlie Munger and Warren Buffett

Founders

Episode 363

#363 Li Lu and Charlie Munger and Warren Buffett

David Senra is the host of Founders, where he studies history's greatest entrepreneurs. This episode is about Li Lu's remarkable investing career.

I sent a friend this text: I'm working on another Li Lu episode but this one is about his remarkable investing career. Can be summarized by: 1. Studied Buffett and Munger. 2. Did that. Last episode was about how Li Lu survived one of the most horrific childhoods imaginable. This episode covers how he thinks about investing and entrepreneurship, in his own words.

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#363 Li Lu and Charlie Munger and Warren Buffett

Introduction

20 years ago, as a young student coming to the United States, I couldn't have imagined having a career in investing and would have never thought that I'd be fortunate enough to meet Charlie Munger. In 2004, Munger became my investment partner and has since become my lifelong mentor and friend, an opportunity I would have never dared to dream about. Charlie and I first met at a mutual friend's house while I was working on investments in L.A. after graduating from college.

The first impression he gave me was distant. He often appeared to be absent-minded to the presence of his conversation partners and was instead very focused on his own topics. But this old man spoke succinctly. His words full of wisdom for you to mull over. Seven years later at a Thanksgiving gathering in 2003, we had a long heart-to-heart conversation.

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