Charlie Munger Remembered as an Enlightened Sage by ‘Chinese Warren Buffett’
The Tribute to Charlie Munger
Li Lu, a hedge fund manager known as the ‘Chinese Warren Buffett,’ has written a heartfelt tribute to his late mentor and friend, Charlie Munger. Li earned Munger’s admiration when he almost quintupled Munger’s $88 million investment in his fund. In the tribute, he compared Munger to an ‘enlightened sage.’
A Proper Goodbye
Munger, who passed away at the age of 99, received a proper and private goodbye from Li, according to the tribute. Li likened Munger’s presence to that of a living Buddha, describing Munger as an incorruptible body surrounded by eternal light. It is evident that Li held his mentor in the highest regard.
The Modern-Day Confucian
Munger’s ideas and teachings have spread around the world and are highly regarded by the educated elite in China. In Li Lu’s tribute, he spoke of Munger as the embodiment of modern-day Confucianism, someone who blended a virtuous and enlightened life with the capitalist forces of the market. Munger’s influence has reached countries like China and India.
Mutual Respect
The admiration between Li and Munger seems to be mutual. Munger once predicted that Li would become one of Berkshire Hathaway’s top investment chiefs. It’s a testament to their shared respect and the impact Munger had on Li’s career.
