Li Lu

Himalaya Capital; Munger's anointed; China value (BYD)

Founder and chief investment officer of Himalaya Capital Management, a long-term value-oriented fund focused on Asia. A Columbia graduate who fled China after 1989, he became a protégé of Charlie Munger, who called him the only outside manager he trusted with his personal capital. He is best known for his concentrated early investment in BYD, which generated exceptional returns.