The Investor's Shelf — one person
LL
Li Lu
Founder and Chairman, Himalaya Capital Management
Charlie Munger's chosen manager for his family's China capital, and his Peking University lectures are the primary text on applying value investing in China - but his main book has never been translated.
2 books of their own · 9 articles · 17 books they recommend
Books they wrote 2
· 1990 · Memoir of the Cultural Revolution and Tiananmen; his only English-language book.
· 2020 · Published in Chinese only; no English edition exists.
Articles and essays 9
- Global Value Investing in Our EraHimalaya Capital (speech, Peking University Guanghua School of Management), 2024
- Remembering My Teacher Charlie MungerHimalaya Capital, 2023
- Li Lu's Recommended Book ListHimalaya Capital, 2020
- Discussions About Modernization, Part Two: A Look at the Future of Sino-US RelationsHimalaya Capital, 2018
- The Prospect of Value Investing in ChinaHimalaya Capital (lecture, Peking University Guanghua School of Management), 2015
- Li Lu on Discussion of ModernizationHimalaya Capital, 2014
- Li Lu interviewGraham & Doddsville, Columbia Business School, 2013
- John Jay Award Acceptance SpeechColumbia College, 2012
- Foreword to the Chinese Edition of Poor Charlie's AlmanackHimalaya Capital, 2010
Books they recommend 17
Himalaya Capital published Li Lu's recommended book list, organized into categories — value investing/finance/capitalism, Western and Chinese civilization, science and evolution, and biography. He has said you recognize good ideas "by reading a great deal," and his finance section is a Graham-Munger-Buffett spine extended into financial history and economics.
Superbook reading list 15
Investing 7
Benjamin Graham
“Heads the value-investing section of Li Lu's Himalaya Capital reading list.”
Benjamin Graham
“Listed in the value-investing/finance section as a foundational text.”
Charlie Munger
“On Li Lu's list; he wrote the Chinese-edition introduction and is among Munger's closest disciples.”
Warren Buffett
“On the list (both the Cunningham collection and Buffett's own essays).”
George Soros
“Listed in the finance section. A recurring recommendation from Li Lu.”
Not yet given a topic 3
Peter Bevelin
“Included in the value-investing/finance section.”
Bruce Greenwald, Judd Kahn
“Listed; a strategy framework central to assessing competitive advantage.”
F. A. Hayek · not in an entry yet
“Listed in the capitalism section. A recurring recommendation from Li Lu.”
Financial History 2
Charles P. Kindleberger
“On the list as core financial-crisis history.”
Charles Mackay
“Listed among finance/markets reads on crowd psychology.”
General History 2
Yuval Noah Harari · not in an entry yet
“From the science/civilization section of his list.”
Jared Diamond
“Opens the science/history section of Li Lu's reading list.”
Economics 1
David S. Landes
“In Li Lu's capitalism/economics section on why some nations prosper.”
Foreword to the Chinese Edition of Poor Charlie's Almanack (English translation), p. 1 1
Investing 1
Charles T. Munger, Peter D. Kaufman
“is by far the most comprehensive publication that captures the essence of Charlie's philosophy... I treated the book as a treasure and read it cover to cover multiple times.”
Li Lu on treating the book as a treasure and rereading it 1
Investing 1
Charles T. Munger, Peter D. Kaufman
“Poor Charlie's Almanack is by far the most comprehensive publication that captures the essence of Charlie's philosophy. When the first edition was published in 2005, I treated the book as a treasure…”
Where they publish 5
- Li Lu, Foreword to the Chinese edition of Poor Charlie's Almanack
- Investment Masters Class: what the masters read
- Superbook reading list
- Li Lu's Recommended Book List (Himalaya Capital), PDF
- CMQ Investing — Li Lu's Book Recommendation List (provenance note)