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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: AdrianC ⎊🐝  😊 😞
Number: of 15062 
Subject: Re: OT:Excellent article on Li Lu in FT
Date: 09/08/2023 8:31 AM
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Intercst posted this article on the other site:

Charlie Munger invested nearly $90 million of his family fortune with Li Lu. The 'Chinese Warren Buffett' has turned it into about $400 million.
https://finance.yahoo.com/news/charlie-munger-inve...

Charlie Munger handed $88 million to Li Lu when the value investor launched a new fund in 2004.

Warren Buffett's right-hand man says he's made four or five times his money since then.

2004 - now:
SPY $519
BRK.b $563

Charlie might have been better off investing in ...Berkshire!

(Just in fun - I also would have done better by putting everything in Berkshire).
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