Charlie Munger, Li Lu Interview: “If The Reality Changes, We Will Change As Well”

Rupert Hargreaves

Published onJune 7, 2019

Updated on May 14, 2021

This is the second part of a short series covering a rare interview with Chinese investor Li Lu and Charlie Munger.

Table of Contents

The first part of the series is here: Charlie Munger and Li Lu Rare Interview: What Makes Successful Investors

Q1 hedge fund letters, conference, scoops etc

Munger on why Berkshire bought Apple

After discussing his most successful investments of all time, the interviewers asked Charlie Munger about Berkshire Hathaway's decision to invest in tech giant Apple after years of avoiding the technology sector, and whether this decision reflected a change in Berkshire's circle of competence.

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

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Charlie Munger, Li Lu Interview: “If The Reality Changes, We Will Change As Well”

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