Li Lu is called the Chinese Warren Buffett.
And he's probably the only person who ever deserved the comparison.
Here are 9 investing lessons by him summarized on one page:
Warren Buffett said there are 3 chapters investors must read.
After that, you know all you need!
1. Chapter 8 (The Intelligent Investor)
2. Chapter 20 (The Intelligent Investor)
3. Chapter 12 (Keynes' The General Theory)
I compiled them all in 1 PDF for free:
Old people simply spend less, this trend will have profound economic impact. The world needs another growth engine, India is the most promising candidate.
This man could predict the future.
He sold his company for $39 billion right before the 2008 crash.
And by the time he died, he owned nearly 80,000 apartments across America.
6 lessons from the greatest investor of our lifetime (The Grave Dancer):
anyone who cares should read chapter three of my book . it will take you about 10-15 minutes. if it doesnt make you angry at greenspan actions i would be pretty surprised. i just read it again, and that was my reaction for about the 99th time.
anyone who cares should read chapter three of my book . it will take you about 10-15 minutes. if it doesnt make you angry at greenspan actions i would be pretty surprised. i just read it again, and that was my reaction for about the 99th time.
There have been countless articles and books written about bitcoin, but I don't think anyone has managed to describe the concept better than Nakamoto himself did back in February 2009:
The beatings in TLT (and by extension, everything else) will likely continue until either the US government slashes spending on Entitlements & Defense by a big % (LOL), or the USD is marked down a bunch (unlikely yet.)
#BalanceOfPaymentsProblemzerohedge.com/markets/yields…
Loved ending my week with this little rant about money printing and #Bitcoin on Making Money with @cvpayne! Thanks for having me and shout out to @PrestonPysh for my ending thought 🤝
'In the 1970s, only oil was involved, whereas this crisis encompasses natural gas, coal, and even the nuclear-fuel cycle.' project-syndicate.org/commentary/ene…
1/ Modern society is awash in stuff. There’s stuff at the grocery store. At the hardware store. At Amazon and eBay. We eat stuff, wear stuff, buy stuff, and store stuff. Click some buttons, swipe a card, tap a phone – and presto! Stuff appears.
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All other green chickens are impostors.
DMs checked infrequently.
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Energy is the economy so that covers economics, environment, geopolitics , ecology & human behavior
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Former Chairman of IronBridge
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See me on CNBC etc
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