I have made a video summary, even if there is so much knowledge that this is impossible to summarize. Anyway, this will sure help: 4:20 How did your investment philosophy change over the last 28 years? It didn’t 12:20 What kind of businesses to look for, characteristics? (above average returns on capital) 15:45 MOAT - Economies of scale, duration and what other elements? (Allocation of capital) 21:10 Is size a key factor for having a moat? NO 23:30 In what other ways do you do things differently from most other value investors? 25:50 What is long-term ownership and how do you buy more when stocks crash 50%? 26:30 The market today? 28:10 The role of management 29:20 Specific things you learned about management over time? 35:58 Stable companies in crises 38:00 Better to be a generalist or specialist 40:19 Evolution of markets - Asian and Chinese role in the future 41:32 Reliability of Chinese data 45:29 Service sector in China 47:29 Where to find the best value investing opportunities in China? 51:39 Development of Chinese financial markets 55:08 Investing in local services in China 58:28 New trends in investing - bitcoin, 5G, AI 1:02:58 Opportunities in new technologies 1:03:58 Renewable energy, BYD, Tesla 1:07:06 How to start value investing 3 key factors 1:13:56 What would you have done differently in your career 1:22:10 Discrimination of Asian Americans

Li Lu is one of the best investors in the world. Thanks for sharing!

Outstanding interview. Thank you

great interview

Terrific interview. Thank you for the value add!

Why was it so important to finish at a certain time and interrupt him mid-sentence?

Great stocks and I just bought in on them, but I'm interested in making short term profit, let say turn a $150K to $500k in 6months, I'd appreciate tips on how what stocks to buy to make this much profit.

Someone get my man some water

pure gem!