Grab that cash with both hands and make a stash New car, caviar, four-star daydreamhttps://twitter.com/ChinaBeigeBook/status/1248036400496246785 …
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Never a fan of Berkshire. They are two big hypercrites. Also they have underperformed SP500 for 11 years now. Li Lu exaggerated his involvement in 1989 and capitalized on it. Munger like him for the same selling point.
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Yeah, I’m very suspicious of his use of tiananmen to make a profile of himself. I’m sure Munger understands China. We’re at peak cycle though. Of course they are lagging s and p.
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as a person. Also not a very good investor.