The Best Investor You Never Heard Of

It’s said that Charlie Munger only trusted two investors with his money—one of them being Warren Buffett. The other was a man who delivered annualized returns of over 30% during his first decade starting in 1998, and nearly 20% over the next two decades leading up to 2017. For most investors, the chance to work at Berkshire Hathaway would be a dream come true. But not for him. Even when Buffett and Munger personally asked him to take over as their successor and lead Berkshire’s investment team, he turned them down. This man of course is Li Lu.

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