One of Munger’s close friends, Li Lu, introduced the investor to BYD. Li’s Himalaya Capital Investors controls LL Group, which had a 2.76 percent stake in BYD, according to the automaker’s 2017 annual report. BYD […]
Stephen Lam | Reuters David Marcus, vice president of Messaging Products at Facebook, speaks on stage during the annual Facebook F8 developers conference in San Jose, California, April 18, 2017. David Marcus, Facebook‘s head of […]
Big U.S. banks have lower risk and greater structural advantages than at any time in decades, ValueAct Capital Partners wrote Monday in an investor letter explaining why it took on a $1.2 billion stake in […]
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