What Li Lu is saying
Founder & Chairman, Himalaya Capital Management
4 dated public stances tracked since 2021-04-10, most recently 2022-09-08. Each line carries the date and the venue it came from; quotation marks mean verbatim. Methodology.
The stances below are c8alpha's editorial distillation of Li Lu's public commentary — television, podcasts, and interviews — compiled by automated transcript analysis and dated to the episode they came from. They may lag the speaker's current view and may contain extraction errors. Text in quotation marks is verbatim from the episode; everything else is our paraphrase. Li Lu is not affiliated with c8alpha and has not endorsed this page. Nothing here is investment advice.
Think we got something wrong? Report a misattribution — we correct it or take it down.
Raw direction-aware returns on public statements — long calls credited when the price rose, shorts when it fell, shorts capped at −100% — in a rising market this mostly measures who was long, not who has skill. Returns run from the stance date; calls are rarely closed publicly, so fixed 90-day / 180-day / 1-year horizons are used. A horizon shows only once it has fully matured, and only at 5+ scored stances.
Most-argued themes
Tracked stances
bullish / bearish is a view they argued; owns / short is a position they said they hold.
2022-09-08
NON-VOTING PREFERRED SHARES (BRAZIL-STYLE) AT STEEP DISCOUNT TO COMMON
bullish
Li Lu · video
Non-voting preferred shares in companies with enduring, decades-long compounding franchises trade at 70-80% discount to voting common despite families already controlling the vote, making the voting difference irrelevant and the discount unjustified
“trading at 80 discount I'm not talking about 20 discount 80 discount trading over 20 cents on the dollar”
How Would Li Lu Invest a Small Sum of Money? | FAME 2012 【C:L.L Ep.38】
2021-04-10
CHINESE FINANCIAL SERVICES SECTOR
bullish
Li Lu · video
Chinese financial services is poised for a major expansion as the government actively opens the sector to global firms and the economy transitions from over 80% bank-dominated indirect financing toward direct market-based financing via equity and fixed income
“the financial service industry actually is about to take off in a big way”
[CCBC] Fireside Chat - Value Investing in China
2021-04-10
China Equities
bullish
Li Lu · video
China's security market remains structurally underdeveloped relative to its real economy, with immature retail investors driving high-turnover speculation that systematically misprice quality businesses — creating an unusually rich opportunity set for…
“China remains one of the best markets if you're a value investor”
90d -4.7% · 180d -14.6% · 1y -31.2%
[CCBC] Fireside Chat - Value Investing in China
2021-04-10
ELECTRIC VEHICLE MANUFACTURERS
bullish
Li Lu · video
Government mandates in Europe and China to phase out ICE vehicles cement the EV electrification mega-trend as durable; companies combining unique technology, sufficient scale, and strategic focus will be multi-decade winners in one of the world's largest…
“five years from now that trend will become even more prominent than what it is today”
[CCBC] Fireside Chat - Value Investing in China
Idea Scout Weekly
Every Sunday: who said what across the tape we track —
845 voices, 2,419 episodes and articles —
with side-flips and points of disagreement called out. Free.
How we track it.
Free · double opt-in · unsubscribe in one click
Newest stances reach Brief subscribers first; these pages update on a one-week lag.