"Li Lu runs Himalaya Capital with a concentrated portfolio of outstanding businesses, demonstrating a willingness to overweight his best ideas, which has paid off significantly this year."
"Alphabet is the largest holding in the Himalaya portfolio, comprising over 43%, reflecting a level of confidence in its value that few investors would match."
"Himalaya Capital has not been di-worsifying this year, with Alphabet stock up 22% year to date and 133% over the past year, showcasing the effectiveness of Lu's strategy."
Li Lu, known as the Chinese Warren Buffett, manages Himalaya Capital with a concentrated portfolio focused on high-quality businesses. His strategy emphasizes investing heavily in undervalued stocks, particularly Alphabet, which constitutes over 43% of the portfolio. This approach has proven successful, with Alphabet's stock rising 22% year to date and 133% over the past year. Li Lu's long-term investment philosophy aligns closely with that of Charlie Munger, favoring quality over diversification.
Read at 24/7 Wall St.
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