here's a shockingly conclusive statement: that warren buffet's successor will be li lu is "a foregone conclusion," charlie munger, berkshire's 86-year-old vice chairman, told the wall street journal.

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li lu: he was a student leader at tiananmen square. he founded a hedge fund that has garnered a 26% return since 1998. now he is a leading candidate to run a chunk of berkshire’s $100 billion portfolio. [wsj]

meet li lu: an alumni of warren buffett, tiananmen student leader, the next berkshire investment head

li lu has been known as the man who introduced the chinese battery and auto maker byd company to charlie munger and warren buffett. he is an informal advisor to byd. his ll investment partners owns about 2.5% of byd.[4]

li lu 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.american fund manager and investor, founder and chairman of himalaya capital management.

the wall street journal article includes information that has not been previously known including li lu’s introduction to charlie munger at a thanksgiving dinner in 2003 and mr. munger’s subsequent investment:

if you really want to learn abt li lu and his character, there is an excellent bbc documentary which covers his rise during the tiananmen demonstrations. it is not a flattering portrayal. this berkshire shareholder would sell his shares if mr lu took any significant role in the company.