Santangel's Review

Commentary

Li Lu of Himalaya Capital betting on Korea?

As many of you know, two months ago Li Lu was mentioned as one of the possible CIO sucesssors to Warren Buffett by Charlie Munger.  Thanks to the Wall Street Journal, the cat is out of the bag on him now and his book even sells for as high as $1,200 on Amazon.com.

There is scant information on his investments in the public domain, although he has taught a few lectures over the years at Columbia that are worth watching. Now we find that his hedge fund, Himalaya Capital, is looking for a Korean-speaking research assistant (see graphic to left). Hedge funds make hires all the time but we find this one particularly interesting because it seems to provide some insight into where Li Lu expects to find value in the coming future.