Subject: Re: OT:Excellent article on Li Lu in FT
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 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).