Note: Do not skip this post even if you are not interested in investing in China. You will be much the poorer for it.
This is a translated version of a talk given by Li Lu in 2015 at Peking University.
Readers might know that Li Lu is one of the few managers that Charlie Munger has invested with.
The transcript is a rare gem as Li Lu does not publish a lot.
In the great tradition of multi-disciplinary learning, it is apparent that Li Lu has drawn upon and synthesised a lot of major ideas from other areas. I am sure I will not be able to identify everything, but I can see ideas from Yuval Harari and Jared Diamond clearly being applied.
Enjoy and Prosper
p/s It appears that the link to the document no longer works. If anyone wants a copy of the talk, please email me.