Li Lu Ira Sohn coverage brought to you by ValueWalk. Li Lu is the Chairman and Founder of Himalaya Capital. Himalaya Capital manages funds that are focused on publicly traded securities, as well as venture capital funds, both on a global basis. Li Lu serves on the board of directors of a number of technology and high growth companies, as well as several not-for-profit organizations. Li Lu is the author of the book “Moving the...
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Ira Sohn Conference Live Coverage brought to you by ValueWalk. The 18th annual Ira Sohn Conference kicks off on Wednesday May 8th starting at 12PM EST and going until around 6:30PM EST. Many terrific value investors will be speaking at the conference. We will be providing both live blogging of the event as well as in-depth analysis. This is a jam packed week. We earlier brought you coverage of the Value Investing Congress which can be found here...
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CBS is out with Issue XVIII of Graham and Doddsville, Columbia Business School’s student-led investment newsletter, co-sponsored by the Heilbrunn Center and the Columbia Student Investment Management Association. This issue features interviews with Preston Athey of T. Rowe Price Group, Li Lu of Himalaya Capital (once rumored successor to Warren Buffett), and Paul Isaac of Arbiter Partners. The publication also includes the Pershing Square Finalist pitches and photographs from the annual Omaha trek, Moon...
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Li Lu, Chairman of Himalaya Capital, IV Annual Student Investment Conference, San Francisco State University, 2012. Li Lu was once considered to be the successor to Warren Buffett at Berkshire Hathaway, and Buffett considers him one of the greatest investors alive. The videos which were uploaded just several days ago is embedded below: H/T Santangel’s Review 'Get ValueWalk's Daily Edition By Email and Never Miss Our Top Stories'
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Bruce Greenwald Moderates Panel Discussion That Includes Charlie Munger Favorite Li Lu: H/T: Canadian Value 'Get ValueWalk's Daily Edition By Email and Never Miss Our Top Stories'
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Who exactly is Ted Weschler, Warren Buffett’s newest recruit? And how has he achieved the stellar investment returns that endeared him to the Sage of Omaha? Jason Zweig, editor of the second edition of the The Intelligent Investor by Benjamin Graham, weighs in. 'Get ValueWalk's Daily Edition By Email and Never Miss Our Top Stories'
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Berkshire Hathaway just hired a new investment manager today, Ted Weschler. R. Ted Weschler, 49, has been a director of WSFS Financial Corporation since 2009. His current term expires at the 2013 Annual Meeting of Stockholders. He also served as a director of WSFS Financial Corporation from 1992 to 2007. He is the Managing Partner of Peninsula Capital Advisors, LLC which he formed in 1999. Peninsula manages a pool of capital that, on behalf...
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I posted an interview on Guru Focus yesterday with Andrew Kilpatrick who wrote the most comprehensive book on Warren Buffett. I asked him some questions regarding Warren Buffett’s possible successors, and some questions related to his book. The interview is below: Andrew Kilpatrick author of “Of Permanent Value: The Story of Warren Buffett”, was kind enough to give me some time to answer some questions the latest news regarding Warren Buffett’s possible successors, and his...
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The whole story this week was about Todd Combs. The story seemed strange as Combs was unheard of until Berkshire Hathway announced his appointed as an investment officer, earlier this week. However, what got lost in the story was what happened to Li Lu. The day after the news of Combs was announced; Li Lu announced he would no longer be accepting the same position as Combs. The Wall Street reported as a side...
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Castle Point just released the following letter about Todd Combs departure. It contains some interesting new insights which I have not heard about in the news. Below is the press release: Castle Point Capital, a long-short hedge fund sponsored by Trident III to focus on the financial services sector, announced earlier today that its portfolio manager, Todd Combs, has agreed to join Berkshire Hathaway as an investment manager responsible for a significant portion of Berkshire’s investment...
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Update 4:50 PM October 26th. In a shocking announcement it now seems that Li Lu has turned down the position of investment officer at Berkshire Hathaway. According to the WSJ: The surprise announcement (that Todd Combs would be an investment officer at Berkshire Hathaway) came after two candidates—including Chinese-American hedge fund manager Li Lu, and another individual Mr. Buffett was interested in—took themselves out of the running for the job, Mr. Buffett said. The...
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