His friend told Buffett was coming, he actually thought it was a free buffet (food), so he went. But then little did he know that his life would change after listening to Warren.
As an Asian, this is the most on point analysis of the situation. I would of done the same thing too lol. Disappointed there wasn't a buffet but super stoked I get to attend a lecture by Warren buffet
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Actually I’d argue it’s about unequivocally sticking to ur thesis no matter panic nor euphoria. Yet still buy in a panic and sell in euphoria if it makes factual sense.
finally content about Li Lu, I was waiting for more exposure to his work as his life is interesting and I’ve had some books he has written in translated. Thank you so much. Value investing is the only way to invest.
You would think Hamish would take more of them down himself? I guess he would need to spend an hour a day doing that job and that's not a very productive use of his time.
I think that value investing has pretty much been dead since COVID. I would argue that now is the time to invest in value plays since the market rally is spreading to names beyond the magnificent 7.
Value investing is hard nowadays. Even good values don’t move like they should even over long term. The flow of capital is into sp 500 for the most part.
@@TTandDGaming Value investing with disregard for earnings growth and thus fwd multiples is quiet inane imo. You can't just buy a stock at single digit p/e or low price to book or a stock at a dividend yield & expect to make money just running such screeners. There has to be some trigger to create wealth.
What are the chances that a boy who grew up during a famine just happened to be a genius, escaped communist prosecution to France and then to USA, then got admitted to one of the Ivy League universities, got a million worth of student loans, and graduated with 3 degrees in economics, law, and MBA while performing rigorous research into companies that he wanted to invest his million dollars in? At this rate, he probably ate, slept, and shit at the same time. On a more serious note, he may be a genius but bet that he were helped by wealthy men numerous times along the way
1. Be a generalist when choosing assets, & be a specialist when investing in a specific asset. 2. Intrinsic value depend on the competitiveness of the company, its management, and business activities. 3. Risk does not arise from stock price volatility, but whether your capital is safe. (relates to 2nd point about picking the right business)
If he made lots os money in a short period of time (1M in three years, implied in the video) he can even be the best investor of all time, but, by definition, he is not practicing value investing
That's what I thought. There's something strange in this story, how does a person fascinated by value investing managed to make so much money in such a short time span.
@@gregoriohb i doubt he was shorting back then. so the only way he can make millions is by knowing which stock is undervalued and buy from there. if you buy overvalued stocks, the only direction is down. if you buy undervalued ones, the direction is always up. but just because he keeps buying and selling doesnt mean he's buying cr@p.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications.
Rebecca Lynnne Buie is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Invest in the financial markets before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth
Li Lu is definitely great. With the background and also with a lot of success in young age. He balance quality together with the value. Consider also financial figures with the management and skin in the game. When feels good is able to put a huge concentrated bets!
After the crackdown on the movement, he fled the PRC and went to New York City at the age of 23, where his grandfather had received his PhD at Columbia University. (source: wiki)
Here I am wondering how hard it will be to double major and keep a full time job at the same time and this guy did his Bachelors, MBA, and law school all at once 😭😭 I didn’t even know schools allowed that
About the Asian Crisis...a manufactured crisis by rhe Euro Bankers. Don t know wbout other nations but in korea, there was zero danger. Devaluing a currency by 50% overnight will bankrumpt anyone😢
Your videos are awesome! I am one of your viewers and have been watching your videos lately. I am interested in investing but am not sure what the right investment is yet. I would appreciate any help in this regard.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
Rebecca Lynnne Buie a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
*ROFL.. **_Li Lu did not rack up "large debts" from his education_** Back then the cost of newly-privatized education costs was in the range of 10,000% less than it is today. Back then you could pick your butt, sell burgers, rent an apartment and STILL pay off your student education. You're way too young to understand what you're saying, ESPECIALLY for a UK national*
Why isn't 16 Wealth Secrets From Warren Buffett more popular? Feels like the truth is being intentionally overlooked. This is the only book you need to master the investment game quickly.
So how precisely can we protect ourselves from the impending 2024 financial reset? For example, what are the most effective tactics to ensure that our portfolio is resilient to the impending financial crisis? Concerned about my $110,000 stock portfolio
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
I agree, having the right plan is priceless. My portfolio is well-suited for any market and recently doubled since early last year. My CFP and I are aiming for a seven-figure goal, which might take another year to achieve.
Great gains! Can you share your CFP details? I'm gaining more cash flow from my job and want to invest in stocks and alternative assets to build wealth.
Stacy Lynn Staples' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
@7.00 he invested the float of his tuition while at columbia and made $1m?- 1990 columbia tuition ~10k per year, even assuming he had the full 4 year upfront for the full duration, he made 25x in 4 years from value investing? Great job on youtube commentary not addressing that
He took a time machine and traded shitcoins on leverage on the 5mn chart, came back rich and exhausted and decided to cruise on spot "value" investing from there.
We should have another vid saying earth quake that changed China. His immediate successor dropped old communist way of doing things and started following Li Kwan yu. And the rest is history….
Very poor results last three years that I can verify. Must have had phenomenal success early on. Now he owns five or six commonly owned large stocks in his fund.
Nike brand is actually horrible, worth looking into abusing their athletes and all the scandals that go behind closed doors and how are they’re being paid to shut up
You seem to be implying the Tiananmen Square protests were about income inequality. I don’t think that’s the case. It was about freedom. They erected a statue they called the Goddess of Democracy, that resembled our Statue of Liberty. The benefits of opening up the economy had started. But they were all still wearing the clothing the communists made them wear. Most enterprises were still state-owned. Gorbachev was visiting and had been experimenting with glasnost and perestroika. The Berlin wall would not fall for another six months. The protesters wanted the same openness.
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my CFA chooses entry and exit orders
This wouldn't be the first time i am getting the suggestions to use one, but finding a decent one has been challenging. Do you mind leaving some recommendations?
I work with the popular Becky Lou Gordon. Who happens to be a is a hot topic among elitist in The US. Especially for her works during Covid. All the information you need to set up an appointment is on her web page.
Jim Simons top virtually ALL hedge fund managers, including you. Host is simply pointing out Li Lu is one of many top investors ever; why rain on his parade ??!! Who hurt you ??
How about his investments NOW!? They are public record...: Bank of America 30%, Google 38%, Apple 7%, Berkshirre 16%, EWBC 10%... just that!!! Just mega caps, 2 big tech companies totalling 45%, with P/E ratios over 50x, and the rest is 2 big banks and his mentor's company... lol So much for "great value at cheap prices....
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Learn great ideas faster with Shortform - start your free trial & get 20% off ▶︎ shortform.com/hamish
Thank you¡¡All the best¡¡
His friend told Buffett was coming, he actually thought it was a free buffet (food), so he went. But then little did he know that his life would change after listening to Warren.
😂 amazing
😂😂😂
😂😂😂😂
As an Asian, this is the most on point analysis of the situation. I would of done the same thing too lol. Disappointed there wasn't a buffet but super stoked I get to attend a lecture by Warren buffet
He was right in staying for food. However he was going to be taught to fish rather than given fish. Amazing !
This guy's got nothing on Nancy Pelosi
😂
😂😂
Exactly 😂
yall crack me up🤣 just looked, NANC etf is strong though
😂😂😂
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Actually I’d argue it’s about unequivocally sticking to ur thesis no matter panic nor euphoria. Yet still buy in a panic and sell in euphoria if it makes factual sense.
Or you can just ignore markets and DGAF about them
Fortune cookie ass comment
I thought for a second this would be one of those bot chains
I read his book several times. A really wise man.
What's the book called?
@@JayPatel-xt9ug Civilized. modern. value investing and China
Book title?
@@vierzwanzigen9722 You can see it on his wikipedia page in 'Published Work' section.
@@vierzwanzigen9722 You can see it on his wikipedia page in 'Published Work' section.
finally content about Li Lu, I was waiting for more exposure to his work as his life is interesting and I’ve had some books he has written in translated. Thank you so much. Value investing is the only way to invest.
Summary--
Cash flow+moat+management+long term holding+>>> intrinsic value.
Greenwald in the zoom call like ”brother, I’ve been teaching this for decades now”.
Most comments written for this video are scams.
Easy to spot. TH-cam needs better teams to stop this
You would think Hamish would take more of them down himself? I guess he would need to spend an hour a day doing that job and that's not a very productive use of his time.
Correct. What is you way of detecting Fake Comments?
LL had tremendous investing success but recent returns are poor. He was able to pick up deep value stocks back in the day.
I think that value investing has pretty much been dead since COVID. I would argue that now is the time to invest in value plays since the market rally is spreading to names beyond the magnificent 7.
Value investing is hard nowadays. Even good values don’t move like they should even over long term. The flow of capital is into sp 500 for the most part.
@@TTandDGaming Value investing with disregard for earnings growth and thus fwd multiples is quiet inane imo. You can't just buy a stock at single digit p/e or low price to book or a stock at a dividend yield & expect to make money just running such screeners. There has to be some trigger to create wealth.
Solar companies and some oil companies on sale. Penny stocks 🔥
He graduated with 1M with the float of student loans? (7:38) This return is of wallstreetbets proportions, how is it not addressed?
My thoughts exactly.
What are the chances that a boy who grew up during a famine just happened to be a genius, escaped communist prosecution to France and then to USA, then got admitted to one of the Ivy League universities, got a million worth of student loans, and graduated with 3 degrees in economics, law, and MBA while performing rigorous research into companies that he wanted to invest his million dollars in? At this rate, he probably ate, slept, and shit at the same time. On a more serious note, he may be a genius but bet that he were helped by wealthy men numerous times along the way
Mysterious ain it? 3 Degrees already is too good to be true, especially at Ivy League.
If Li Lu was “China’s most wanted man,” then why on earth was he let back in to China?
pardoned.
cause he got aura now
May be now he is US citizen.
Or, maybe, what you think you know about China is just lies.
plenty of them can go back to China now
1. Be a generalist when choosing assets, & be a specialist when investing in a specific asset.
2. Intrinsic value depend on the competitiveness of the company, its management, and business activities.
3. Risk does not arise from stock price volatility, but whether your capital is safe. (relates to 2nd point about picking the right business)
If he made lots os money in a short period of time (1M in three years, implied in the video) he can even be the best investor of all time, but, by definition, he is not practicing value investing
Keith Gill made 40-60 million starting out with 53k and he was a billionaire a couple of months ago
True
That's what I thought. There's something strange in this story, how does a person fascinated by value investing managed to make so much money in such a short time span.
@@gregoriohb i doubt he was shorting back then. so the only way he can make millions is by knowing which stock is undervalued and buy from there. if you buy overvalued stocks, the only direction is down. if you buy undervalued ones, the direction is always up. but just because he keeps buying and selling doesnt mean he's buying cr@p.
How do you arrive at that erroneous conclusion? He is an out and out value investor.
Thanks Hamish, understanding how investors became successful is insightful.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications.
Rebecca Lynnne Buie is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Thank you, France! (@4'10")
Thanks for the post. Was inspiring ❤
Invest in the financial markets before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth
His picture was on radio @3:33 that's next level wanted
Alemio Network's presale got me hooked - the coolest way to be part of a groundbreaking project. Let's go!
Li Lu is definitely great. With the background and also with a lot of success in young age. He balance quality together with the value. Consider also financial figures with the management and skin in the game. When feels good is able to put a huge concentrated bets!
After the crackdown on the movement, he fled the PRC and went to New York City at the age of 23, where his grandfather had received his PhD at Columbia University. (source: wiki)
thank you so much for your wonderfull explaination
Alemio cross chain AI combo is what sets it apart for me. Time to join the presale ASAP.
Fascinating! Could you do a video on his stock portfolio, like you do on Michael Burry’s? It would be certainly very interesting
thanks for watching and for the video idea!
Thanks for yet another excellent video
Here I am wondering how hard it will be to double major and keep a full time job at the same time and this guy did his Bachelors, MBA, and law school all at once 😭😭 I didn’t even know schools allowed that
This was Amazing!! Great Job!! God Bless you, this was a Great Video
thank you!!
How they always reveal trail of their escape and block others like them from escaping, why no one talks about that....
Great video as always Hodder. Keep up the good work
How do you find out what assets Li has outside of the US? (since you mentioned most of his investments are elsewhere)
Costco, FICO, SPGI are some of my favorite moat-stocks
Pure Gold!!!
Hey Hamish are you available for collaborations?
Alemio Network has at least 50-80x potential for 2025. Don´t ignore this project.
Sources where you got his returns?
Amazing story
About the Asian Crisis...a manufactured crisis by rhe Euro Bankers. Don t know wbout other nations but in korea, there was zero danger. Devaluing a currency by 50% overnight will bankrumpt anyone😢
Now is probably the best time to ape in ICOs like Alemio Network, before real alt run begins!
Hamish Thanks for posting this video
Exciting times ahead with Alemio Network! Just joined the presale - can't wait to see where this project goes
Some funds who simply hold assets sell for a 30% discount to those assets, but I wouldn't buy them hoping the value comes back to even.
Great video
aaaa, i knew this is about LL, his story is crazy
LI LU is a good guy.
Interesting story with a lesson to learn . Thanx
What a guy and story!
hes such an great exemple
Nice video, shoulda opted for other backgroundmusic Than trapbeats
Your videos are awesome! I am one of your viewers and have been watching your videos lately. I am interested in investing but am not sure what the right investment is yet. I would appreciate any help in this regard.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
Rebecca Lynnne Buie a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
*ROFL.. **_Li Lu did not rack up "large debts" from his education_** Back then the cost of newly-privatized education costs was in the range of 10,000% less than it is today. Back then you could pick your butt, sell burgers, rent an apartment and STILL pay off your student education. You're way too young to understand what you're saying, ESPECIALLY for a UK national*
People were paying for school with part-time summer jobs
Why isn't 16 Wealth Secrets From Warren Buffett more popular? Feels like the truth is being intentionally overlooked. This is the only book you need to master the investment game quickly.
Unbelievable content! Grateful for this ❤
So how precisely can we protect ourselves from the impending 2024 financial reset? For example, what are the most effective tactics to ensure that our portfolio is resilient to the impending financial crisis? Concerned about my $110,000 stock portfolio
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
I agree, having the right plan is priceless. My portfolio is well-suited for any market and recently doubled since early last year. My CFP and I are aiming for a seven-figure goal, which might take another year to achieve.
Great gains! Can you share your CFP details? I'm gaining more cash flow from my job and want to invest in stocks and alternative assets to build wealth.
Stacy Lynn Staples' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
Holy crap! You've met them all!!!
We're on our way to be a 100 Billion dollar company 💖💛💚
Multipass?
Li Lu.
Just because they are having big money theyve got noticed not because of CAGR
Great stores thanks
@7.00 he invested the float of his tuition while at columbia and made $1m?-
1990 columbia tuition ~10k per year, even assuming he had the full 4 year upfront for the full duration, he made 25x in 4 years from value investing? Great job on youtube commentary not addressing that
He took a time machine and traded shitcoins on leverage on the 5mn chart, came back rich and exhausted and decided to cruise on spot "value" investing from there.
Li lu
You look a lot like Bryan Johnson; The Man Who Will Live Forever. Are you two related?
Haha 😂
Epic video and truth 👍❤️🙏👏🏿🙌🏾🇺🇸❤️
Hamish, 05:24 what video is this?
Law school, econ and MBA damn bra
Himalaya Capital 2024 1H performance?
thx
We should have another vid saying earth quake that changed China. His immediate successor dropped old communist way of doing things and started following Li Kwan yu. And the rest is history….
Very poor results last three years that I can verify. Must have had phenomenal success early on. Now he owns five or six commonly owned large stocks in his fund.
Eventually every investor stops speculating and puts their money in bigger companies
"How can I get in touch with you, mate?"
The AI stock footage 😭
you think these guys balled out when they made their first million? even a little?
Even genius will fail...
I guess we regular folks can't invest into his funds?
be better !
your not bad looking but i think maybe different angle can be better i feel its too direct, great voice overlay and videos
the background is too bright.
Nike preys on unban poor kids.
Someone who USED to know the game. Times they are a changing! Get with the financial revolution if you want to survive and prosper 💋
Ew
Ajit jain is another one
: Bruce Lee
Nike brand is actually horrible, worth looking into abusing their athletes and all the scandals that go behind closed doors and how are they’re being paid to shut up
The story is strange
Looking at his 13F performance, he really is just a lazy cloner.
Li Lu s fund is nothing more then a copy of the top 5 positions of BErkshire
Can this video be condensed in 5 mins?
You seem to be implying the Tiananmen Square protests were about income inequality.
I don’t think that’s the case. It was about freedom. They erected a statue they called the Goddess of Democracy, that resembled our Statue of Liberty.
The benefits of opening up the economy had started. But they were all still wearing the clothing the communists made them wear. Most enterprises were still state-owned.
Gorbachev was visiting and had been experimenting with glasnost and perestroika. The Berlin wall would not fall for another six months.
The protesters wanted the same openness.
Wait.. So Nancy Pelosi is the best investor??
This is an investing vid why the long propaganda interlude
we need Mao in the US to come save us.
Is he better than the most interesting man in the world- Stay thirsty my friends.
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my CFA chooses entry and exit orders
This wouldn't be the first time i am getting the suggestions to use one, but finding a decent one has been challenging. Do you mind leaving some recommendations?
I work with the popular Becky Lou Gordon. Who happens to be a is a hot topic among elitist in The US. Especially for her works during Covid. All the information you need to set up an appointment is on her web page.
Thank you for this pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a calI session with her.
Oh bro you are first person whom i found as name of Hamish in my life my name is also hamish kumar and I am from India 😊😊
This guy still has nothing on Jim Simons.
Jim Simons top virtually ALL hedge fund managers, including you. Host is simply pointing out Li Lu is one of many top investors ever; why rain on his parade ??!! Who hurt you ??
Zero knowledge about stock market but biography
How about his investments NOW!? They are public record...:
Bank of America 30%, Google 38%, Apple 7%, Berkshirre 16%, EWBC 10%...
just that!!! Just mega caps, 2 big tech companies totalling 45%, with P/E ratios over 50x, and the rest is 2 big banks and his mentor's company... lol
So much for "great value at cheap prices....
are the returns in your portfolio better? Genuine question
I left after you called great Chairman Mao a dictator
Mao's hands are red with blood. He was an evil tyrant and, without a question, a dictator.
They are criminals, nothing else
Vid seems to be Useless Content. Copycat of Buffet & Munger with Chinese Hero. Waste of Time.
Ill-famed?
No, it got a lot of attention.