Invest for certainty and avoid uncertainty

Company Riding the Semiconductor Boom

Chinese-born American value investor Li Lu, whom Munger has dubbed the 'Chinese Warren Buffett,' once said, 'An investor should be like an investigative journalist,' highlighting the importance of curiosity that drives one to uncover all the hidden information not known to the public. It is also important to remember that our knowledge has limits, so we should always invest with a high margin of safety. This approach ensures that even if you are wrong, your losses will be minimized. Focus on minimizing downside risk, and the upside will take care of itself. In this article, we will examine a company that, riding the semiconductor boom, has experienced tremendous growth over the past two years and evaluate whether it is still undervalued and could be the next stock to increase tenfold in value.