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Li Lu Quotes
Li Lu Quotes
Li Lu
American
Businessman
Born:
Apr 6
,
1966
Dictatorship
Free
Free Market
Me
People
You
Related authors:
Bill Gates
Henry Ford
Jim Rohn
Les Brown
Peter Drucker
Stephen Covey
Steve Jobs
Warren Buffett
Investing is about predicting the future, and the future is inherently unpredictable. Therefore, the only way you can do better is to assess all the facts and truly know what you know and know what you don't know. That's your probability edge.
Li Lu
Future
You
Better
Edge
Way
All The Facts
Unpredictable
About
Only
Facts
Investing
Know
Truly
Probability
Predicting
Your
Inherently
Therefore
Assess
No dictatorship can be sustained within the context of an information revolution.
Li Lu
Dictatorship
Revolution
Within
Context
Sustained
Information
The game of investing is a process of discovering who you are, what you're interested in, what you're good at, what you love to do, then magnifying that until you gain a sizable edge over all the other people.
Li Lu
Love
Good
You
Game
People
Edge
Other
Magnifying
Investing
Over
Until
Discovering
What You Love
Process
Gain
Interested
Then
Who
In my view, the biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital. Not only is the mere drop in stock prices not risk, but it is an opportunity. Where else do you look for cheap stocks?
Li Lu
You
Opportunity
Will
Drop
Else
Risk
Only
Volatility
Prices
Cheap
Investment
Mere
Look
Permanent
Loss
Stock
Stocks
Where
Biggest
Whether
Capital
View
Suffer
When I first came to Columbia University, I was dirt poor. I did not choose to come here - I just ended up here because I had nowhere else to go, having just escaped from China after Tiananmen. I was in a new country where I didn't understand the language, didn't know anybody, and didn't have a penny to my name. So I was desperate and afraid.
Li Lu
Language
Desperate
Penny
First
Country
Else
Having
Dirt
Had
Columbia
Columbia University
New
Name
Come
Know
Because
Understand
Came
Go
Up
Escaped
Did
Ended
Just
Afraid
Anybody
Where
After
China
Poor
Choose
Nowhere
Here
University
I grew up in Communist China and never had much money to my name, and then, all of a sudden, I had giant student loans.
Li Lu
Money
Giant
Student
Student Loans
Never
Had
Name
Up
Grew
China
Then
Much
Communist
Sudden
Loans
Rock and roll was a revelation for me.
Li Lu
Me
Rock
Revelation
Rock And Roll
Roll
To us, anyone who opposes dictatorship is our friend. Those who support it, our enemy.
Li Lu
Enemy
Dictatorship
Our
Those
Support
Friend
Anyone
Us
Who
Tiananmen did not fail.
Li Lu
Fail
Did
The whole thing is, really, money makes money. That's the whole thing about capitalism. Without the capital, there is no -ism.
Li Lu
Capitalism
Money
About
Without
Makes
Capital
Really
Whole
Thing
I was a college student in 1989 when I participated in the demonstration at Tiananmen Square. I was one of the organizers.
Li Lu
College
College Student
Student
Demonstration
Square
I was born and grew up in China during the 1960s.
Li Lu
Born
Up
Grew
China
I was born in April of 1966, on the eve of the Cultural Revolution. Soon after, my parents and grandparents all lost personal freedom simply for being intellectuals. So I spent most of my childhood rotating between adopted families of peasants and coalminers.
Li Lu
Freedom
Parents
Lost
Revolution
Spent
April
Born
Adopted
Simply
Soon
Between
Most
Cultural
Intellectuals
Families
Personal
Childhood
Personal Freedom
Being
After
Grandparents
Rotating
Eve
Peasants
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