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Li Lu's Website

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Jun 17, 2010
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I do not recall anyone mentioning this before, but I found Li Lu's official website. The website is

Li Lu's bio according to the website:

Mr. Li Lu was born in China in 1966. He attended Nanjing University in China and later came to the U.S., and earned three degrees (BA, JD, MBA) simultaneously from Columbia University. (My own commentary: it is an understatement to say that it is quite an accomplishment to earn those three degrees simultaneously.)

Upon graduation, Li Lu worked in an investment bank until 1997, when he founded Himalaya Capital Management, which today manages both LL Investment Partners and Himalaya Capital Ventures, funds focused on publicly traded securities and venture capital.

He was named a global leader for tomorrow by the World Economic Forum in 2001, and a Henry Crown fellow by the Aspen Institute in 1998.

He is a member of Council on Foreign Relations and Young Presidents’ Organization.

The website does not contain much more information. The website contains the introduction Li Lu wrote to the Chinese version of Poor Charlie's Almanackir?t=valueinves08c-20&l=as2&o=1&a=1578645018. The text is in Hanyu ( I believe), but you can you use an online translator to read it in English.

The website contains an interesting, and recent article about Li Lu and BYD.

The article states that li Lu "brought the company to the attention of Berkshire vice chairman Charles Munger several years ago. Munger took the idea to Buffett and to MidAmerican chairman David Sokol, who now sits on BYD’s board."

There has been some debate over who got Buffett interested in the BYD investment. According to the author of the article Mark Gunther, it was Li Lu. The author appears to have interviewed Li Lu about BYD.

Gunther states;

“The big challenge now is to bring down the initial cost,” Li Lu told me. Eventually, BYD would like to sell the car for about the same price as conventional vehicles, and win over auto buyers by offering them lower operating costs and higher performance. “The only way to conquer this market is to provide a product that is comparable at the beginning and superior in the end,” he said.

BYD’s greatest strength is in battery technology, the company’s first business. Manufacturing a safe, reliable, long-lasting, and fast-charging battery for a car at an affordable price is a complex and costly undertaking. The Chinese firm believes that it has an edge over its rivals.

“There are not many in the world that have comparable experience and expertise,” Li Lu says. “They seem to have a commanding lead right now.” The BYD technology is super safe, its batteries will last a long time and they will cost less than competitors, he said.

The full article is here: Warren Buffett's BYD: Revving up, fast.

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