Don’t just scroll through TikTok this weekend! Highly recommend spending 3 hours carefully watching this talk: Li Lu’s Peking University Lecture: Global Value Investing and the Times After five years, Li Lu’s rare 160-minute intellectual masterpiece—truly eye-opening! Who is Li Lu? Charlie Munger’s trusted partner, dubbed “China’s Warren Buffett” by Munger, Founder of Himalaya Capital, managing $8 billion in assets with a long-term annualized return exceeding 20%. It was Li Lu’s strong recommendation that led Buffett and Munger to heavily invest in BYD—yielding over 30x returns. This talk is packed with insights, covering: - What is the greatest confusion of our time? - The middle-income trap and international relations - How global value investors navigate trade wars, tariffs, and other challenges - The six core principles of value investing - What to do when high-quality companies become overvalued? - How can young people make decisions amid uncertainty? What traits do outstanding entrepreneurs share? Recommendation: ★★★★★ A must-watch, worth saving and revisiting again and again!