Munger considers Li Lu of Himalaya Capital Management the top investor of his time. Rumor has it Munger wanted Li Lu to succeed him and Warren Buffett, but they couldn’t agree on compensation, so Li Lu chose to stay independent.
Li Lu is a true super-investor. His $2.6 billion U.S. portfolio holds just six stocks. He rarely trades, last quarter, his only move was buying Occidental Petroleu...

The oil and gas sector could see significant impacts from the 2024 election results. Companies like Exxon Mobil and Chevron may benefit if Trump secures a second term, given his historically pro-oil and pro-gas policies.

Goldman Sachs: The disconnect between physical and futures markets for oil is "unprecedented."
Hurricane Francine threatens Louisiana, prompting the closure of some oil facilities in the Gulf of Mexico, which in turn has led to short-covering and a temporary halt in the aggressive decline of oil prices seen since late August. EIA data for the past week showed an unexpecte...

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As the 2024 U.S. presidential election approaches, the showdown between Harris and Trump has become a global focal point. The policy proposals of these two candidates will not only determine the future direction of the United States but also have profound impacts on global asset markets.
Harris's Policies: Fiscal Stimulus and Market Impacts
Harris's policy proposals lean towards direct...