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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Astore ✶  😊 😞
Number: of 22354 
Subject: OT:Excellent article on Li Lu in FT
Date: 09/07/23 12:27 PM
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No. of Recommendations: 6
Financial Times: Content 5308cd9f 037e 4524 a6d8 7388b3514199

Very sorry, but subscription will be required. It's a very long story on the life of Li Lu.

Just a snippet:
"In 2003, Li was invited to Thanksgiving lunch at the Santa Barbara home of a woman he'd met through human rights work. The host's husband was a director at Berkshire Hathaway, the conglomerate Buffett built up as he became the most successful investor in the history of capitalism. Charlie Munger, Berkshire's vice-chair and Buffett's right-hand man, was there too. Munger and Li struck up a conversation about stocks and were still talking a few hours later".

How come, I'm never invited to such prties?

Enjoy,
Astore
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This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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