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Charlie Munger Handed Over His Family Fortune To The 'Chinese Warren Buffett' Who Flipped It into Half A Billion Dollars — 'We Made Unholy Good Returns For A Long, Long Time'

In the early 2000s, Berkshire Hathaway Inc. Vice Chairman Charlie Munger made a daring yet calculated financial move. He entrusted a significant portion of his family’s fortune — $88 million — to Li Lu, often referred to as the Chinese Warren Buffett. This bold investment, though carrying its share of risk, not only remained secure but also experienced substantial growth. It is now estimated at approximately $400 million. “We made unholy good returns for a long, long ...
Charlie Munger Li Lu Los Angeles Kweichow Moutai Warren Buffett Shanghai Stock Exchange
Source: yahoo.com

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A review on lignin pyrolysis: pyrolytic behavior, mechanism, and relevant upgrading for improving process efficiency | Biotechnology for Biofuels and Bioproducts

Lignin is a promising alternative to traditional fossil resources for producing biofuels due to its aromaticity and renewability. Pyrolysis is an efficient technology to convert lignin to valuable chemicals, which is beneficial for improving lignin valorization. In this review, pyrolytic behaviors of various lignin were included, as well as the pyrolytic mechanism consisting of initial, primary, and charring stages were also introduced. Several parallel reactions, such as demethoxylation, demeth...
Chem Eng Intae Hwang Kyongsang Namdo South Korea Ji Lu Moreira Ropelato

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